# PPP loan: BILL JACOBS MOTORSPORT HOLDINGS, INC.
> **$633K** approved 04/05/2020 · Paid in Full · Loan `5542477003`
## Borrower
- **Name:** BILL JACOBS MOTORSPORT HOLDINGS, INC.
- **Address:** 2495 Aurora Ave, NAPERVILLE, IL, 60540-1023
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $633K
- **Initial approval:** $633K
- **Forgiven:** $646K (102%)
- **Forgiveness date:** 05/26/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $475K
- **Rent:** $158K
- **Jobs reported:** 52
## Lender
- **Originating:** Busey Bank
- **Servicing:** Busey Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*