# PPP loan: FORBICI SALON & SPA, LTD.
> **$265K** approved 04/07/2020 · Paid in Full · Loan `7086067003`
## Borrower
- **Name:** FORBICI SALON & SPA, LTD.
- **Address:** 7 South Highland, ARLINGTON HEIGHTS, IL, 60005
- **NAICS:** 812112
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $265K
- **Initial approval:** $280K
- **Forgiven:** $268K (101%)
- **Forgiveness date:** 07/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $199K
- **Mortgage interest:** $33K
- **Utilities:** $33K
- **Jobs reported:** 42
## Lender
- **Originating:** Northbrook Bank & Trust Company, National Association
- **Servicing:** Northbrook Bank & Trust Company, National Association (IL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*