# PPP loan: WAC LLC
> **$1.24M** approved 02/08/2021 · Paid in Full · Loan `5224748405`
## Borrower
- **Name:** WAC LLC
- **Address:** 1654 Brae Burn Dr, Riverwoods, IL, 60015-1712
- **NAICS:** 336111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.24M
- **Initial approval:** $1.24M
- **Forgiven:** $1.26M (102%)
- **Forgiveness date:** 11/30/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.24M
- **Utilities:** $1
- **Jobs reported:** 130
## Lender
- **Originating:** First Midwest Bank, A Division of Old National Bank
- **Servicing:** Old National Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*