# PPP loan: DANA 50 LLC
> **$362K** approved 04/06/2020 · Paid in Full · Loan `6318007002`
## Borrower
- **Name:** DANA 50 LLC
- **Address:** 1916 W. CHICAGO AVE, CHICAGO, IL, 60622-5540
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $362K
- **Initial approval:** $362K
- **Forgiven:** $365K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $271K
- **Mortgage interest:** $54K
- **Utilities:** $36K
- **Jobs reported:** 60
## Lender
- **Originating:** Wintrust Bank, National Association
- **Servicing:** Wintrust Bank, National Association (IL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*