# PPP loan: SOLAZO ON RANDOLPH INC.
> **$607K** approved 02/10/2021 · Paid in Full · Loan `6420428405`
## Borrower
- **Name:** SOLAZO ON RANDOLPH INC.
- **Address:** 740 W Randolph St, Chicago, IL, 60661-2104
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $607K
- **Initial approval:** $607K
- **Forgiven:** $615K (101%)
- **Forgiveness date:** 06/16/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $607K
- **Utilities:** $1
- **Jobs reported:** 65
## Lender
- **Originating:** Gold Coast Bank
- **Servicing:** Gold Coast Bank (IL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*