# PPP loan: PAULSON PRESS INC.
> **$414K** approved 01/25/2021 · Paid in Full · Loan `5568718302`
## Borrower
- **Name:** PAULSON PRESS INC.
- **Address:** 904 Cambridge, Elk Grove, IL, 60017
- **NAICS:** 323111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $414K
- **Initial approval:** $414K
- **Forgiven:** $418K (101%)
- **Forgiveness date:** 01/19/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $414K
- **Jobs reported:** 22
## Lender
- **Originating:** Northbrook Bank & Trust Company, National Association
- **Servicing:** Northbrook Bank & Trust Company, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*