# PPP loan: PRESS AMERICA, INC
> **$206K** approved 04/30/2020 · Paid in Full · Loan `5819927305`
## Borrower
- **Name:** PRESS AMERICA, INC
- **Address:** 661 Fargo Avenue, ELK GROVE VILLAGE, IL, 60007
- **NAICS:** 323111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $206K
- **Initial approval:** $206K
- **Forgiven:** $208K (101%)
- **Forgiveness date:** 04/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $169K
- **Rent:** $32K
- **Utilities:** $5K
- **Jobs reported:** 19
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*