# PPP loan: CHICAGO CHAIN'S TRANSMISSIN CO
> **$232K** approved 04/28/2020 · Paid in Full · Loan `7072277202`
## Borrower
- **Name:** CHICAGO CHAIN'S TRANSMISSIN CO
- **Address:** 650 E. Plainfield Rd, LA GRANGE, IL, 60525-2905
- **NAICS:** 423840
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $232K
- **Initial approval:** $232K
- **Forgiven:** $233K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $204K
- **Rent:** $24K
- **Utilities:** $4K
- **Jobs reported:** 16
## Lender
- **Originating:** Providence Bank and Trust
- **Servicing:** Providence Bank & Trust (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*