# PPP loan: MBB ENTERPRISES OF CHICAGO INC
> **$1.93M** approved 01/21/2021 · Paid in Full · Loan `2978948300`
## Borrower
- **Name:** MBB ENTERPRISES OF CHICAGO INC
- **Address:** 3352 W Grand Ave, Chicago, IL, 60651-4119
- **NAICS:** 238140
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.93M
- **Initial approval:** $1.93M
- **Forgiven:** $1.94M (101%)
- **Forgiveness date:** 08/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.93M
- **Jobs reported:** 117
## 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*