# PPP loan: MICHUDA CONSTRUCTION, INC.
> **$2.99M** approved 04/04/2020 · Paid in Full · Loan `5001757001`
## Borrower
- **Name:** MICHUDA CONSTRUCTION, INC.
- **Address:** 18505 West Creek DR, TINLEY PARK, IL, 60477-6246
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.99M
- **Initial approval:** $2.99M
- **Forgiven:** $3.03M (101%)
- **Forgiveness date:** 09/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.24M
- **Rent:** $747K
- **Jobs reported:** 91
## Lender
- **Originating:** Busey Bank
- **Servicing:** Busey Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*