# PPP loan: LYNFRED WINERY INC
> **$300K** approved 04/07/2020 · Paid in Full · Loan `7546797001`
## Borrower
- **Name:** LYNFRED WINERY INC
- **Address:** 15 S ROSELLE RD, ROSELLE, IL, 60172-2027
- **NAICS:** 312130
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $300K
- **Initial approval:** $300K
- **Forgiven:** $302K (101%)
- **Forgiveness date:** 01/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $241K
- **Rent:** $44K
- **Utilities:** $15K
- **Jobs reported:** 65
## Lender
- **Originating:** Itasca Bank & Trust Co.
- **Servicing:** Itasca Bank & Trust Co. (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*