# PPP loan: FRIEDMANS' PREMIER SYSTEM, INC.
> **$473K** approved 04/29/2020 · Paid in Full · Loan `4384447309`
## Borrower
- **Name:** FRIEDMANS' PREMIER SYSTEM, INC.
- **Address:** 1035 W. Lake, CHICAGO, IL, 60607-1726
- **NAICS:** 453220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $473K
- **Initial approval:** $473K
- **Forgiven:** $476K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $359K
- **Rent:** $57K
- **Utilities:** $57K
- **Jobs reported:** 38
## Lender
- **Originating:** Servbank SB
- **Servicing:** Servbank SB (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*