# PPP loan: MONEYMAILERUSA INCORPORATED
> **$1.29M** approved 05/06/2020 · Charged Off · Loan `2686607403`
## Borrower
- **Name:** MONEYMAILERUSA INCORPORATED
- **Address:** 1600 Golf Road Suite 1200, ROLLING MEADOWS, IL, 60008
- **NAICS:** 541860
- **Business type:** Corporation
- **Business age:** Startup, Loan Funds will Open Business
## Loan
- **Approval amount:** $1.29M
- **Initial approval:** $1.29M
- **Forgiven:** $1.25M (97%)
- **Forgiveness date:** 12/14/2021
- **Status:** Charged Off
- **Term:** 22 months
## Use of funds
- **Payroll:** $1.29M
- **Jobs reported:** 121
## Lender
- **Originating:** 1st Source Bank
- **Servicing:** 1st Source Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*