# PPP loan: APPLIED COMMUNICATIONS GROUP INC.
> **$1.13M** approved 03/20/2021 · Paid in Full · Loan `5437968601`
## Borrower
- **Name:** APPLIED COMMUNICATIONS GROUP INC.
- **Address:** 1015 Lunt Ave, Schaumburg, IL, 60193-4418
- **NAICS:** 541519
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.13M
- **Initial approval:** $1.13M
- **Forgiven:** $1.14M (101%)
- **Forgiveness date:** 04/07/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.13M
- **Jobs reported:** 40
## 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*