# PPP loan: CLP FOODSERVICE, INC
> **$3.52M** approved 04/27/2020 · Exemption 4 · Loan `4602257201`
## Borrower
- **Name:** CLP FOODSERVICE, INC
- **Address:** 799 Central Ave Suite 300, HIGHLAND PARK, IL, 60035-5641
- **NAICS:** 423990
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $3.52M
- **Initial approval:** $3.52M
- **Forgiven:** $2.17M (62%)
- **Forgiveness date:** 08/31/2021
- **Status:** Exemption 4
- **Term:** 66 months
## Use of funds
- **Payroll:** $3.52M
- **Jobs reported:** 224
## Lender
- **Originating:** Holcomb Bank
- **Servicing:** Holcomb Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*