# PPP loan: MATRIX BASEMENT SYSTEMS INC.
> **$1.12M** approved 01/22/2021 · Paid in Full · Loan `3373178307`
## Borrower
- **Name:** MATRIX BASEMENT SYSTEMS INC.
- **Address:** 3050 N Kennicott Ave, Arlington Heights, IL, 60004-1959
- **NAICS:** 238310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.12M
- **Initial approval:** $1.12M
- **Forgiven:** $1.13M (101%)
- **Forgiveness date:** 11/16/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.12M
- **Utilities:** $1
- **Jobs reported:** 85
## Lender
- **Originating:** Coastal Community Bank
- **Servicing:** Coastal Community Bank (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*