# PPP loan: CLESEN WHOLESALE, INC.
> **$462K** approved 04/06/2020 · Paid in Full · Loan `6048087003`
## Borrower
- **Name:** CLESEN WHOLESALE, INC.
- **Address:** 316 florence avenue, EVANSTON, IL, 60202-3210
- **NAICS:** 424930
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $462K
- **Initial approval:** $65K
- **Forgiven:** $466K (101%)
- **Forgiveness date:** 01/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $425K
- **Rent:** $14K
- **Utilities:** $23K
- **Jobs reported:** 53
## Lender
- **Originating:** Lake Forest Bank & Trust Company, National Association
- **Servicing:** Lake Forest 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*