# PPP loan: BROKERS' RISK PLACEMENT SERVICE, INC.
> **$1.07M** approved 04/06/2020 · Paid in Full · Loan `6252077008`
## Borrower
- **Name:** BROKERS' RISK PLACEMENT SERVICE, INC.
- **Address:** 155 N Wacker Drive. Suite 3700, CHICAGO, IL, 60606-1701
- **NAICS:** 524210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.07M
- **Initial approval:** $1.07M
- **Forgiven:** $1.08M (101%)
- **Forgiveness date:** 05/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $890K
- **Rent:** $89K
- **Utilities:** $89K
- **Jobs reported:** 52
## Lender
- **Originating:** Beverly Bank & Trust Company, National Association
- **Servicing:** Beverly 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*