# PPP loan: ABCOM TECHNOLOGY GROUP, INC.
> **$5.86M** approved 04/07/2020 · Paid in Full · Loan `6859147001`
## Borrower
- **Name:** ABCOM TECHNOLOGY GROUP, INC.
- **Address:** 1456 NORWOOD AVE, ITASCA, IL, 60143-1129
- **NAICS:** 561920
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $5.86M
- **Initial approval:** $5.86M
- **Forgiven:** $3.64M (62%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $5.01M
- **Rent:** $750K
- **Utilities:** $100K
- **Jobs reported:** 448
## Lender
- **Originating:** Western Alliance Bank
- **Servicing:** Western Alliance Bank (AZ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*