# PPP loan: MICHAEL M LULLO & ASSOCIATES
> **$357K** approved 04/06/2020 · Paid in Full · Loan `6011627006`
## Borrower
- **Name:** MICHAEL M LULLO & ASSOCIATES
- **Address:** LAKE ST, ADDISON, IL, 60101-2764
- **NAICS:** 532490
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $357K
- **Initial approval:** $357K
- **Forgiven:** $361K (101%)
- **Forgiveness date:** 05/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $268K
- **Rent:** $22K
- **Utilities:** $22K
- **Health care:** $22K
- **Debt interest:** $22K
- **Jobs reported:** 10
## 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*