# PPP loan: THE PEPPER GROUP, INC.
> **$270K** approved 04/27/2020 · Paid in Full · Loan `5172317210`
## Borrower
- **Name:** THE PEPPER GROUP, INC.
- **Address:** 220 N. SMITH ST, Suite 406, PALATINE, IL, 60067-2477
- **NAICS:** 541860
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $270K
- **Initial approval:** $270K
- **Forgiven:** $272K (101%)
- **Forgiveness date:** 02/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $216K
- **Rent:** $41K
- **Utilities:** $14K
- **Jobs reported:** 12
## Lender
- **Originating:** Cornerstone National Bank & Trust Company
- **Servicing:** Cornerstone National Bank & Trust Company (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*