# PPP loan: ARC 5233 LIMITED
> **$689K** approved 04/06/2020 · Paid in Full · Loan `5717157004`
## Borrower
- **Name:** ARC 5233 LIMITED
- **Address:** 6448 Eldorado Drive, MORTON GROVE, IL, 60053-1406
- **NAICS:** 722513
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $689K
- **Initial approval:** $689K
- **Forgiven:** $695K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $517K
- **Rent:** $172K
- **Jobs reported:** 140
## Lender
- **Originating:** Lake Forest Bank & Trust Company, National Association
- **Servicing:** Lake Forest 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*