# PPP loan: GRAYMONT EQUIPMENT DISTRIBUTION, LLC
> **$940K** approved 04/29/2020 · Paid in Full · Loan `3853137309`
## Borrower
- **Name:** GRAYMONT EQUIPMENT DISTRIBUTION, LLC
- **Address:** 1621 W. CARROLL AVE, CHICAGO, IL, 60612-2501
- **NAICS:** 339112
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $940K
- **Initial approval:** $940K
- **Forgiven:** $945K (101%)
- **Forgiveness date:** 11/25/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $752K
- **Rent:** $60K
- **Utilities:** $20K
- **Health care:** $108K
- **Jobs reported:** 79
## Lender
- **Originating:** First National Bank of Brookfield
- **Servicing:** First National Bank of Brookfield (IL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*