# PPP loan: L.C. INDUSTRIES, INC.
> **$541K** approved 04/07/2020 · Paid in Full · Loan `6470477008`
## Borrower
- **Name:** L.C. INDUSTRIES, INC.
- **Address:** 2781 Katherine Way, ELK GROVE VILLAGE, IL, 60007-6746
- **NAICS:** 315990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $541K
- **Initial approval:** $541K
- **Forgiven:** $547K (101%)
- **Forgiveness date:** 05/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $406K
- **Rent:** $81K
- **Utilities:** $54K
- **Jobs reported:** 32
## Lender
- **Originating:** Wintrust Bank, National Association
- **Servicing:** Wintrust Bank, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*