# PPP loan: FRANKLIN ROOM LLC
> **$221K** approved 04/28/2020 · Paid in Full · Loan `6962077209`
## Borrower
- **Name:** FRANKLIN ROOM LLC
- **Address:** 675 North Franklin Street, Chicago, IL, 60654
- **NAICS:** 722310
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $221K
- **Initial approval:** $221K
- **Forgiven:** $223K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $166K
- **Rent:** $33K
- **Utilities:** $22K
- **Jobs reported:** 24
## Lender
- **Originating:** American Express National Bank
- **Servicing:** American Express National Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*