# PPP loan: EQUILIBRIUM IT SOLUTIONS INC
> **$474K** approved 04/27/2020 · Paid in Full · Loan `5520487201`
## Borrower
- **Name:** EQUILIBRIUM IT SOLUTIONS INC
- **Address:** 5559 N ELSTON AVE, CHICAGO, IL, 60630
- **NAICS:** 541519
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $474K
- **Initial approval:** $474K
- **Forgiven:** $478K (101%)
- **Forgiveness date:** 02/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $474K
- **Jobs reported:** 26
## Lender
- **Originating:** EagleBank
- **Servicing:** EagleBank (MD)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*