# PPP loan: 1061 W MADISON LLC
> **$268K** approved 01/21/2021 · Paid in Full · Loan `2949918303`
## Borrower
- **Name:** 1061 W MADISON LLC
- **Address:** 1061 W Madison St Ste 1, Chicago, IL, 60607-2051
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $268K
- **Initial approval:** $268K
- **Forgiven:** $270K (101%)
- **Forgiveness date:** 11/01/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $268K
- **Jobs reported:** 25
## Lender
- **Originating:** Lake Forest Bank & Trust Company, National Association
- **Servicing:** Lake Forest Bank & Trust Company, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*