# PPP loan: SUB 4 DEVELOPMENT, LLC
> **$247K** approved 04/07/2020 · Paid in Full · Loan `7300997002`
## Borrower
- **Name:** SUB 4 DEVELOPMENT, LLC
- **Address:** 510 S NEIL ST, CHAMPAIGN, IL, 61820-5220
- **NAICS:** 531110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $247K
- **Initial approval:** $247K
- **Forgiven:** $249K (101%)
- **Forgiveness date:** 12/31/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $247K
- **Jobs reported:** 23
## Lender
- **Originating:** Morton Community Bank
- **Servicing:** Morton Community Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*