# PPP loan: DEIBEL LABORATORIES OF ILLINOIS INC
> **$2.86M** approved 05/01/2020 · Paid in Full · Loan `6037947703`
## Borrower
- **Name:** DEIBEL LABORATORIES OF ILLINOIS INC
- **Address:** 7120 North Ridgeway Avenue, Lincolnwood, IL, 60712
- **NAICS:** 541380
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $2.86M
- **Initial approval:** $2.71M
- **Forgiven:** $2.94M (103%)
- **Forgiveness date:** 05/25/2023
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.86M
- **Jobs reported:** 282
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*