# PPP loan: NEW S.B.L. INC.
> **$1.43M** approved 04/05/2020 · Paid in Full · Loan `5132837001`
## Borrower
- **Name:** NEW S.B.L. INC.
- **Address:** 1001 W 45th Street, CHICAGO, IL, 60609-3327
- **NAICS:** 424440
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $1.43M
- **Initial approval:** $1.43M
- **Forgiven:** $1.44M (101%)
- **Forgiveness date:** 01/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.07M
- **Rent:** $358K
- **Jobs reported:** 128
## 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*