# PPP loan: 41 E. CHESTNUT CRAB PARTNERS, LLC
> **$584K** approved 04/13/2020 · Exemption 4 · Loan `4808967110`
## Borrower
- **Name:** 41 E. CHESTNUT CRAB PARTNERS, LLC
- **Address:** 41 E CHESTNUT ST, CHICAGO, IL, 60611-2015
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $584K
- **Initial approval:** $584K
- **Forgiven:** $84K (14%)
- **Forgiveness date:** 04/20/2021
- **Status:** Exemption 4
- **Term:** 51 months
## Use of funds
- **Payroll:** $443K
- **Rent:** $90K
- **Mortgage interest:** $28K
- **Utilities:** $13K
- **Health care:** $10K
- **Jobs reported:** 58
## Lender
- **Originating:** International Bank of Commerce
- **Servicing:** International Bank of Commerce (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*