# PPP loan: PULMONARY EXCHANGE, LTD.
> **$512K** approved 04/03/2020 · Paid in Full · Loan `4353327000`
## Borrower
- **Name:** PULMONARY EXCHANGE, LTD.
- **Address:** 9840 Southwest Highway, OAK LAWN, IL, 60453-3662
- **NAICS:** 621399
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $512K
- **Initial approval:** $512K
- **Forgiven:** $516K (101%)
- **Forgiveness date:** 01/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $436K
- **Rent:** $51K
- **Utilities:** $26K
- **Jobs reported:** 67
## Lender
- **Originating:** American Community Bank of Indiana
- **Servicing:** American Community Bank of Indiana (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*