# PPP loan: LEVERAGEPOINT MEDIA I, LLC
> **$482K** approved 04/07/2020 · Paid in Full · Loan `6574057005`
## Borrower
- **Name:** LEVERAGEPOINT MEDIA I, LLC
- **Address:** 111 WATER ST, EAST DUNDEE, IL, 60118-1335
- **NAICS:** 541850
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $482K
- **Initial approval:** $482K
- **Forgiven:** $486K (101%)
- **Forgiveness date:** 03/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $385K
- **Rent:** $48K
- **Mortgage interest:** $24K
- **Utilities:** $24K
- **Jobs reported:** 19
## 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*