# PPP loan: PRACTICAL COMMUNICATIONS INC.
> **$207K** approved 01/25/2021 · Paid in Full · Loan `5117498309`
## Borrower
- **Name:** PRACTICAL COMMUNICATIONS INC.
- **Address:** 1900 E Golf Rd Ste 950, Schaumburg, IL, 60173-5034
- **NAICS:** 541618
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $207K
- **Initial approval:** $207K
- **Forgiven:** $209K (101%)
- **Forgiveness date:** 11/08/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $207K
- **Jobs reported:** 11
## Lender
- **Originating:** Northbrook Bank & Trust Company, National Association
- **Servicing:** Northbrook Bank & Trust Company, National Association (IL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*