# PPP loan: POWER PLUS PRODUCTS INC
> **$156K** approved 04/14/2020 · Paid in Full · Loan `5764157105`
## Borrower
- **Name:** POWER PLUS PRODUCTS INC
- **Address:** 6410 W 74th St Suite A, CHICAGO, IL, 60638-6009
- **NAICS:** 336350
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $156K
- **Initial approval:** $156K
- **Forgiven:** $157K (101%)
- **Forgiveness date:** 11/30/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $124K
- **Rent:** $16K
- **Mortgage interest:** $8K
- **Utilities:** $8K
- **Jobs reported:** 13
## Lender
- **Originating:** Cornerstone National Bank & Trust Company
- **Servicing:** Cornerstone National Bank & Trust Company (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*