# PPP loan: C.A.R.S. OF AMERICA, INC.
> **$160K** approved 04/13/2020 · Paid in Full · Loan `5170027104`
## Borrower
- **Name:** C.A.R.S. OF AMERICA, INC.
- **Address:** 1727 Chestnut Avenue, GLENVIEW, IL, 60025-1720
- **NAICS:** 811111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $160K
- **Initial approval:** $160K
- **Forgiven:** $161K (101%)
- **Forgiveness date:** 12/09/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $120K
- **Mortgage interest:** $20K
- **Utilities:** $20K
- **Jobs reported:** 7
## Lender
- **Originating:** Northbrook Bank & Trust Company, National Association
- **Servicing:** Northbrook 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*