# PPP loan: INVENTORY LIQUIDATORS CORP
> **$1.14M** approved 04/05/2020 · Paid in Full · Loan `5549977003`
## Borrower
- **Name:** INVENTORY LIQUIDATORS CORP
- **Address:** 899 Palmer Street, RIVER GROVE, IL, 60171
- **NAICS:** 423850
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.14M
- **Initial approval:** $1.14M
- **Forgiven:** $1.14M (101%)
- **Forgiveness date:** 12/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $853K
- **Rent:** $142K
- **Utilities:** $142K
- **Jobs reported:** 90
## Lender
- **Originating:** Wintrust Bank, National Association
- **Servicing:** Wintrust Bank, National Association (IL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*