# PPP loan: PADDOCK PUBLICATIONS, INC
> **$4.00M** approved 04/04/2020 · Paid in Full · Loan `4945947002`
## Borrower
- **Name:** PADDOCK PUBLICATIONS, INC
- **Address:** PO BOX 280, ARLINGTON HEIGHTS, IL, 60006-0280
- **NAICS:** 511110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.00M
- **Initial approval:** $4.00M
- **Forgiven:** $4.05M (101%)
- **Forgiveness date:** 06/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.00M
- **Mortgage interest:** $600K
- **Utilities:** $400K
- **Jobs reported:** 250
## Lender
- **Originating:** Village Bank and Trust, National Association
- **Servicing:** Village Bank and Trust, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*