# PPP loan: SALERNO'S ON GRAND LLC
> **$179K** approved 04/06/2020 · Paid in Full · Loan `6338357010`
## Borrower
- **Name:** SALERNO'S ON GRAND LLC
- **Address:** 1201 W. Grand Ave, CHICAGO, IL, 60642-6416
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $179K
- **Initial approval:** $179K
- **Forgiven:** $180K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $148K
- **Rent:** $20K
- **Mortgage interest:** $3K
- **Utilities:** $8K
- **Jobs reported:** 38
## Lender
- **Originating:** Lakeside Bank
- **Servicing:** Lakeside Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*