# PPP loan: BURRIS EQUIPMENT CO.
> **$1.40M** approved 04/07/2020 · Paid in Full · Loan `6833717008`
## Borrower
- **Name:** BURRIS EQUIPMENT CO.
- **Address:** 2216 N Greenbay Road, WAUKEGAN, IL, 60087
- **NAICS:** 532412
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.40M
- **Initial approval:** $1.40M
- **Forgiven:** $1.41M (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.05M
- **Mortgage interest:** $332K
- **Utilities:** $17K
- **Jobs reported:** 82
## Lender
- **Originating:** Libertyville Bank & Trust Company, National Association
- **Servicing:** Libertyville Bank & Trust Company, National Association (IL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*