# PPP loan: BASIC CRATING & PACKAGING INC.
> **$1.24M** approved 04/07/2020 · Paid in Full · Loan `6659037009`
## Borrower
- **Name:** BASIC CRATING & PACKAGING INC.
- **Address:** 1525 Chase Ave, ELK GROVE VILLAGE, IL, 60007-4815
- **NAICS:** 321920
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.24M
- **Initial approval:** $1.24M
- **Forgiven:** $1.25M (101%)
- **Forgiveness date:** 03/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.24M
- **Jobs reported:** 230
## Lender
- **Originating:** Byline Bank
- **Servicing:** Byline Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*