# PPP loan: SPINNING WHEEL IP LLC
> **$184K** approved 04/07/2020 · Paid in Full · Loan `6948027002`
## Borrower
- **Name:** SPINNING WHEEL IP LLC
- **Address:** 5960 N BROADWAY ST, CHICAGO, IL, 60660-3524
- **NAICS:** 311919
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $184K
- **Initial approval:** $184K
- **Forgiven:** $185K (101%)
- **Forgiveness date:** 02/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $154K
- **Mortgage interest:** $24K
- **Utilities:** $6K
- **Jobs reported:** 13
## Lender
- **Originating:** Bank of Rantoul
- **Servicing:** Bank of Rantoul (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*