# PPP loan: THE TRANEL FINANCIAL GROUP, LTD.
> **$465K** approved 04/07/2020 · Paid in Full · Loan `6833537002`
## Borrower
- **Name:** THE TRANEL FINANCIAL GROUP, LTD.
- **Address:** 1509 N. MILWAUKEE AVE, LIBERTYVILLE, IL, 60048-1306
- **NAICS:** 523920
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $465K
- **Initial approval:** $465K
- **Forgiven:** $469K (101%)
- **Forgiveness date:** 02/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $348K
- **Rent:** $58K
- **Utilities:** $58K
- **Jobs reported:** 29
## Lender
- **Originating:** Libertyville Bank & Trust Company, National Association
- **Servicing:** Libertyville 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*