# PPP loan: A.M.STAFFING GROUP, INC.
> **$1.51M** approved 04/06/2020 · Paid in Full · Loan `6406107008`
## Borrower
- **Name:** A.M.STAFFING GROUP, INC.
- **Address:** 75 N MARKET ST, ELGIN, IL, 60123-5093
- **NAICS:** 561320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.51M
- **Initial approval:** $1.51M
- **Forgiven:** $1.53M (101%)
- **Forgiveness date:** 08/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.20M
- **Rent:** $151K
- **Mortgage interest:** $75K
- **Utilities:** $75K
- **Jobs reported:** 466
## Lender
- **Originating:** Cornerstone National Bank & Trust Company
- **Servicing:** Cornerstone National Bank & Trust Company (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*