# PPP loan: POS REMARKETING GROUP
> **$998K** approved 04/06/2020 · Paid in Full · Loan `6001397005`
## Borrower
- **Name:** POS REMARKETING GROUP
- **Address:** 1059 N OLD RAND RD, WAUCONDA, IL, 60084-1239
- **NAICS:** 334118
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $998K
- **Initial approval:** $998K
- **Forgiven:** $1.00M (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $749K
- **Mortgage interest:** $125K
- **Utilities:** $125K
- **Jobs reported:** 92
## Lender
- **Originating:** Schaumburg Bank & Trust Company, National Association
- **Servicing:** Schaumburg 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*