# PPP loan: MARATHON SPORTSWEAR, INC.
> **$400K** approved 04/06/2020 · Paid in Full · Loan `6212907003`
## Borrower
- **Name:** MARATHON SPORTSWEAR, INC.
- **Address:** 12757 S HOMAN AVE, BLUE ISLAND, IL, 60406-1898
- **NAICS:** 323113
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $400K
- **Initial approval:** $400K
- **Forgiven:** $402K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $300K
- **Mortgage interest:** $50K
- **Utilities:** $50K
- **Jobs reported:** 41
## Lender
- **Originating:** Old Plank Trail Community Bank, National Association
- **Servicing:** Old Plank Trail Community Bank, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*