# PPP loan: D & S COMMUNICATIONS, INC.
> **$1.54M** approved 04/07/2020 · Paid in Full · Loan `7358647005`
## Borrower
- **Name:** D & S COMMUNICATIONS, INC.
- **Address:** 1355 N MCLEAN BLVD, ELGIN, IL, 60123-1239
- **NAICS:** 517911
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.54M
- **Initial approval:** $1.54M
- **Forgiven:** $1.56M (101%)
- **Forgiveness date:** 03/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.16M
- **Mortgage interest:** $193K
- **Utilities:** $193K
- **Jobs reported:** 128
## 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*