# PPP loan: DIAMOND CELLOPHANE PRODUCTS, INC.
> **$325K** approved 04/27/2020 · Paid in Full · Loan `5243017201`
## Borrower
- **Name:** DIAMOND CELLOPHANE PRODUCTS, INC.
- **Address:** 2783 Shermer Road, NORTHBROOK, IL, 60062-7708
- **NAICS:** 322220
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $325K
- **Initial approval:** $325K
- **Forgiven:** $329K (101%)
- **Forgiveness date:** 07/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $260K
- **Rent:** $32K
- **Mortgage interest:** $16K
- **Utilities:** $16K
- **Jobs reported:** 33
## 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*