# PPP loan: MICHAEL SILVER & COMPANY, LLC
> **$950K** approved 04/05/2020 · Paid in Full · Loan `5354097010`
## Borrower
- **Name:** MICHAEL SILVER & COMPANY, LLC
- **Address:** 5750 OLD ORCHARD RD suite 200, SKOKIE, IL, 60077-4404
- **NAICS:** 541211
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $950K
- **Initial approval:** $950K
- **Forgiven:** $960K (101%)
- **Forgiveness date:** 05/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $875K
- **Mortgage interest:** $25K
- **Utilities:** $50K
- **Jobs reported:** 63
## Lender
- **Originating:** Lake Forest Bank & Trust Company, National Association
- **Servicing:** Lake Forest 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*