# PPP loan: AMERICAN ESCROW AND CLOSING COMPANY
> **$508K** approved 04/11/2020 · Paid in Full · Loan `2597947104`
## Borrower
- **Name:** AMERICAN ESCROW AND CLOSING COMPANY
- **Address:** 1699 Wall Street Suite 700, MOUNT PROSPECT, IL, 60056-5708
- **NAICS:** 531390
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $508K
- **Initial approval:** $508K
- **Forgiven:** $512K (101%)
- **Forgiveness date:** 03/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $508K
- **Jobs reported:** 44
## Lender
- **Originating:** First American Bank
- **Servicing:** First American Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*