# PPP loan: PONTARELLI GROUP CHARTERS, INC.
> **$246K** approved 04/11/2020 · Paid in Full · Loan `3009697100`
## Borrower
- **Name:** PONTARELLI GROUP CHARTERS, INC.
- **Address:** 5584 N Northwest Highway, CHICAGO, IL, 60630-1116
- **NAICS:** 485320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $246K
- **Initial approval:** $246K
- **Forgiven:** $249K (101%)
- **Forgiveness date:** 08/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $185K
- **Rent:** $31K
- **Utilities:** $31K
- **Jobs reported:** 34
## Lender
- **Originating:** Wintrust Bank, National Association
- **Servicing:** Wintrust Bank, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*