# PPP loan: PARKONECT, LLC
> **$222K** approved 04/06/2020 · Paid in Full · Loan `6401587002`
## Borrower
- **Name:** PARKONECT, LLC
- **Address:** 1533 Barclay Blvd, BUFFALO GROVE, IL, 60089-4537
- **NAICS:** 541511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $222K
- **Initial approval:** $222K
- **Forgiven:** $223K (101%)
- **Forgiveness date:** 01/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $166K
- **Rent:** $28K
- **Utilities:** $28K
- **Jobs reported:** 16
## Lender
- **Originating:** Northbrook Bank & Trust Company, National Association
- **Servicing:** Northbrook 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*