# PPP loan: INSURANCE INFORMATION TECHNOLOGIES, INC.
> **$3.95M** approved 04/27/2020 · Paid in Full · Loan `3973197201`
## Borrower
- **Name:** INSURANCE INFORMATION TECHNOLOGIES, INC.
- **Address:** 1811 CENTRE POINT CIR STE 115 0, Naperville, IL, 60563-2604
- **NAICS:** 541511
- **Business type:** Employee Stock Ownership Plan(ESOP)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.95M
- **Initial approval:** $3.95M
- **Forgiven:** $4.00M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.95M
- **Jobs reported:** 157
## Lender
- **Originating:** Citibank, N.A.
- **Servicing:** Citibank, N.A. (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*