# PPP loan: PALMUSA, INC
> **$488K** approved 04/07/2020 · Paid in Full · Loan `7175537004`
## Borrower
- **Name:** PALMUSA, INC
- **Address:** 1201 N MILWAUKEE AVE, CHICAGO, IL, 60642-2216
- **NAICS:** 448210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $488K
- **Initial approval:** $488K
- **Forgiven:** $494K (101%)
- **Forgiveness date:** 07/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $488K
- **Jobs reported:** 107
## Lender
- **Originating:** Lakeside Bank
- **Servicing:** Lakeside Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*