# PPP loan: VERIFACTS II, LLC
> **$1.19M** approved 04/30/2020 · Paid in Full · Loan `6981577310`
## Borrower
- **Name:** VERIFACTS II, LLC
- **Address:** 1980 INDUSTRIAL DR, STERLING, IL, 61081-9064
- **NAICS:** 518210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Change of Ownership
## Loan
- **Approval amount:** $1.19M
- **Initial approval:** $1.19M
- **Forgiven:** $1.20M (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.19M
- **Jobs reported:** 161
## Lender
- **Originating:** Sauk Valley Bank & Trust Company
- **Servicing:** Sauk Valley Bank & Trust Company (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*