# PPP loan: MID AMERICAN PRINTING SYSTEMS INC
> **$344K** approved 04/07/2020 · Paid in Full · Loan `7497087003`
## Borrower
- **Name:** MID AMERICAN PRINTING SYSTEMS INC
- **Address:** 1716 W GRAND AVE, CHICAGO, IL, 60622-6084
- **NAICS:** 323111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $344K
- **Initial approval:** $344K
- **Forgiven:** $347K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $258K
- **Rent:** $79K
- **Utilities:** $7K
- **Jobs reported:** 27
## Lender
- **Originating:** Itasca Bank & Trust Co.
- **Servicing:** Itasca Bank & Trust Co. (IL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*