# PPP loan: BEAU'S INC.
> **$195K** approved 03/02/2021 · Exemption 4 · Loan `6027298505`
## Borrower
- **Name:** BEAU'S INC.
- **Address:** 215 N Clinton St, Chicago, IL, 60661-1227
- **NAICS:** 722320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $195K
- **Initial approval:** $195K
- **Forgiven:** $132K (68%)
- **Forgiveness date:** 02/14/2023
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $195K
- **Utilities:** $1
- **Jobs reported:** 6
## Lender
- **Originating:** U.S. Bank, National Association
- **Servicing:** U.S. Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*