# PPP loan: MIDWEST CANVAS CORPORATION
> **$1.57M** approved 04/13/2020 · Paid in Full · Loan `4204807107`
## Borrower
- **Name:** MIDWEST CANVAS CORPORATION
- **Address:** 4635 W Lake Street, CHICAGO, IL, 60644-2708
- **NAICS:** 326112
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.57M
- **Initial approval:** $2.53M
- **Forgiven:** $1.60M (101%)
- **Forgiveness date:** 10/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.40M
- **Rent:** $100K
- **Utilities:** $45K
- **Health care:** $30K
- **Jobs reported:** 196
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*