# PPP loan: JIT PACKAGING, LLC
> **$1.62M** approved 04/06/2020 · Paid in Full · Loan `5815727002`
## Borrower
- **Name:** JIT PACKAGING, LLC
- **Address:** 1717 Gifford Road, ELGIN, IL, 60120-7500
- **NAICS:** 424130
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.62M
- **Initial approval:** $1.62M
- **Forgiven:** $1.64M (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.22M
- **Rent:** $203K
- **Utilities:** $203K
- **Jobs reported:** 147
## Lender
- **Originating:** Village Bank and Trust, National Association
- **Servicing:** Village Bank and Trust, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*