# PPP loan: SAFESPEED LLC
> **$1.26M** approved 01/23/2021 · Paid in Full · Loan `4160768308`
## Borrower
- **Name:** SAFESPEED LLC
- **Address:** 150 N Wacker Dr Fl 8, Chicago, IL, 60606-1624
- **NAICS:** 541511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.26M
- **Initial approval:** $1.26M
- **Forgiven:** $1.27M (101%)
- **Forgiveness date:** 10/08/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.26M
- **Utilities:** $1
- **Jobs reported:** 60
## Lender
- **Originating:** Schaumburg Bank & Trust Company, National Association
- **Servicing:** Schaumburg Bank & Trust Company, National Association (IL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*