# PPP loan: OLD VETERAN CONSTRUCTION INC
> **$680K** approved 04/07/2020 · Paid in Full · Loan `6850907008`
## Borrower
- **Name:** OLD VETERAN CONSTRUCTION INC
- **Address:** 10942 S Halsted St, CHICAGO, IL, 60628
- **NAICS:** 236220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $680K
- **Initial approval:** $680K
- **Forgiven:** $686K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $510K
- **Rent:** $85K
- **Utilities:** $85K
- **Jobs reported:** 24
## Lender
- **Originating:** Wheaton Bank & Trust Company, National Association
- **Servicing:** Wheaton 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*