# PPP loan: SKOKIE VALLEY LAUNDRY & CLEANERS, INC.
> **$452K** approved 04/06/2020 · Paid in Full · Loan `5784687010`
## Borrower
- **Name:** SKOKIE VALLEY LAUNDRY & CLEANERS, INC.
- **Address:** 514 SHERIDAN RD, HIGHWOOD, IL, 60040-1342
- **NAICS:** 812320
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $452K
- **Initial approval:** $452K
- **Forgiven:** $456K (101%)
- **Forgiveness date:** 03/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $425K
- **Utilities:** $27K
- **Jobs reported:** 56
## 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*