# PPP loan: BRACING SYSTEMS INC
> **$858K** approved 04/14/2020 · Paid in Full · Loan `7383587100`
## Borrower
- **Name:** BRACING SYSTEMS INC
- **Address:** 4 N 350 OLD GARY AVE, HANOVER PARK, IL, 60133-9201
- **NAICS:** 532412
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $858K
- **Initial approval:** $736K
- **Forgiven:** $865K (101%)
- **Forgiveness date:** 02/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $858K
- **Jobs reported:** 48
## Lender
- **Originating:** Old Second National Bank
- **Servicing:** Old Second National Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*