# PPP loan: BALTON CORPORATION
> **$389K** approved 04/28/2020 · Paid in Full · Loan `7073547202`
## Borrower
- **Name:** BALTON CORPORATION
- **Address:** 1001 E 99th St, CHICAGO, IL, 60628
- **NAICS:** 423440
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $389K
- **Initial approval:** $389K
- **Forgiven:** $394K (101%)
- **Forgiveness date:** 09/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $291K
- **Rent:** $49K
- **Utilities:** $49K
- **Jobs reported:** 64
## Lender
- **Originating:** Wheaton Bank & Trust Company, National Association
- **Servicing:** Wheaton Bank & Trust Company, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*