# PPP loan: EMPLOYCO USA II, INC.
> **$1.92M** approved 04/06/2020 · Exemption 4 · Loan `6040527010`
## Borrower
- **Name:** EMPLOYCO USA II, INC.
- **Address:** 350 E Ogden Ave Suite 300, WESTMONT, IL, 60559-1202
- **NAICS:** 541219
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.92M
- **Initial approval:** $1.92M
- **Forgiven:** $5K (0%)
- **Forgiveness date:** 08/09/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.44M
- **Rent:** $240K
- **Utilities:** $240K
- **Jobs reported:** 373
## Lender
- **Originating:** Northbrook Bank & Trust Company, National Association
- **Servicing:** Northbrook 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*