# PPP loan: WESTBON INC.
> **$316K** approved 04/30/2020 · Paid in Full · Loan `6451697303`
## Borrower
- **Name:** WESTBON INC.
- **Address:** 500 W MADISON ST STE 1000, CHICAGO, IL, 60661-2559
- **NAICS:** 524210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $316K
- **Initial approval:** $316K
- **Forgiven:** $307K (97%)
- **Forgiveness date:** 03/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $316K
- **Jobs reported:** 25
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*