# PPP loan: SBSI INC.
> **$281K** approved 03/20/2021 · Paid in Full · Loan `6117888607`
## Borrower
- **Name:** SBSI INC.
- **Address:** 500 W Madison St Ste 2700, Chicago, IL, 60661-4568
- **NAICS:** 524210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $281K
- **Initial approval:** $281K
- **Forgiven:** $285K (101%)
- **Forgiveness date:** 08/10/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $281K
- **Jobs reported:** 17
## Lender
- **Originating:** Spring Bank
- **Servicing:** Spring Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*