# PPP loan: SAFESPEED
> **$1.26M** approved 04/04/2020 · Paid in Full · Loan `5028337004`
## Borrower
- **Name:** SAFESPEED
- **Address:** 150 N. WACKER DR 8th Floor, CHICAGO, IL, 60606-1602
- **NAICS:** 922190
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.26M
- **Initial approval:** $1.26M
- **Forgiven:** $1.06M (84%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $947K
- **Mortgage interest:** $158K
- **Utilities:** $158K
- **Jobs reported:** 39
## Lender
- **Originating:** Schaumburg Bank & Trust Company, National Association
- **Servicing:** Schaumburg Bank & Trust Company, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*