# PPP loan: TRAVERSO FOODS, INC.
> **$198K** approved 04/12/2020 · Paid in Full · Loan `3867567103`
## Borrower
- **Name:** TRAVERSO FOODS, INC.
- **Address:** 2523 S. Plainfield - Naperville Rd., NAPERVILLE, IL, 60564-8908
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $198K
- **Initial approval:** $198K
- **Forgiven:** $199K (101%)
- **Forgiveness date:** 02/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $198K
- **Jobs reported:** 48
## Lender
- **Originating:** Town Center Bank
- **Servicing:** Town Center Bank (IL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*