# PPP loan: SPINNING WHEEL IP LLC
> **$197K** approved 02/12/2021 · Paid in Full · Loan `7509758400`
## Borrower
- **Name:** SPINNING WHEEL IP LLC
- **Address:** 4517 N Clark St, Chicago, IL, 60640-5406
- **NAICS:** 424490
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $197K
- **Initial approval:** $197K
- **Forgiven:** $198K (101%)
- **Forgiveness date:** 08/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $197K
- **Jobs reported:** 14
## Lender
- **Originating:** Bank of Rantoul
- **Servicing:** Bank of Rantoul (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*