# PPP loan: LED PHANTOM DISTRIBUTION INC.
> **$352K** approved 01/22/2021 · Paid in Full · Loan `3649898302`
## Borrower
- **Name:** LED PHANTOM DISTRIBUTION INC.
- **Address:** 930 S Kay Ave, Addison, IL, 60101-4909
- **NAICS:** 423610
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $352K
- **Initial approval:** $352K
- **Forgiven:** $357K (101%)
- **Forgiveness date:** 05/12/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $352K
- **Utilities:** $1
- **Jobs reported:** 25
## Lender
- **Originating:** Cornerstone National Bank & Trust Company
- **Servicing:** Cornerstone National Bank & Trust Company (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*