# PPP loan: ECHELON DESIGN, INC.
> **$432K** approved 04/13/2020 · Paid in Full · Loan `5340897100`
## Borrower
- **Name:** ECHELON DESIGN, INC.
- **Address:** 41 PRAIRIE PARKWAY, GILBERTS, IL, 60136-4039
- **NAICS:** 541890
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $432K
- **Initial approval:** $432K
- **Forgiven:** $435K (101%)
- **Forgiveness date:** 01/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $432K
- **Jobs reported:** 28
## Lender
- **Originating:** First American Bank
- **Servicing:** First American Bank (IL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*