# PPP loan: GREENWOOD MANAGEMENT GROUP
> **$189K** approved 04/07/2020 · Paid in Full · Loan `7304207007`
## Borrower
- **Name:** GREENWOOD MANAGEMENT GROUP
- **Address:** 9155 W CERMAK RD, RIVERSIDE, IL, 60546-1060
- **NAICS:** 236116
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $189K
- **Initial approval:** $189K
- **Forgiven:** $191K (101%)
- **Forgiveness date:** 07/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $142K
- **Utilities:** $47K
- **Jobs reported:** 23
## Lender
- **Originating:** Schaumburg Bank & Trust Company, National Association
- **Servicing:** Schaumburg 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*