# PPP loan: LAFEBER COMPANY
> **$327K** approved 04/11/2020 · Paid in Full · Loan `3257097107`
## Borrower
- **Name:** LAFEBER COMPANY
- **Address:** 24981 N 1400 East Road, CORNELL, IL, 61319-9770
- **NAICS:** 112990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $327K
- **Initial approval:** $327K
- **Forgiven:** $329K (101%)
- **Forgiveness date:** 12/10/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $245K
- **Rent:** $41K
- **Utilities:** $41K
- **Jobs reported:** 32
## Lender
- **Originating:** Libertyville Bank & Trust Company, National Association
- **Servicing:** Libertyville Bank & Trust Company, National Association (IL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*