# PPP loan: PAULSON PRESS INC.
> **$411K** approved 04/07/2020 · Paid in Full · Loan `6831007003`
## Borrower
- **Name:** PAULSON PRESS INC.
- **Address:** 904 Cambridge, ELK GROVE VILLAGE, IL, 60007
- **NAICS:** 541990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $411K
- **Initial approval:** $411K
- **Forgiven:** $416K (101%)
- **Forgiveness date:** 07/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $308K
- **Rent:** $51K
- **Utilities:** $51K
- **Jobs reported:** 37
## Lender
- **Originating:** Northbrook Bank & Trust Company, National Association
- **Servicing:** Northbrook Bank & Trust Company, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*