# PPP loan: SIVART, INC.
> **$350K** approved 06/28/2020 · Charged Off · Loan `5501878005`
## Borrower
- **Name:** SIVART, INC.
- **Address:** 55 E Monroe St Suite 3800, Chicago , Il, 60603, Chicago, IL, 60603-6030
- **NAICS:** 488410
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $350K
- **Initial approval:** $350K
- **Status:** Charged Off
- **Term:** 30 months
## Use of funds
- **Payroll:** $350K
- **Jobs reported:** 25
## Lender
- **Originating:** MBE Capital Partners
- **Servicing:** MBE Capital Partners (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*