# PPP loan: NEW COAST VENTURES LLC
> **$170K** approved 04/07/2020 · Paid in Full · Loan `7550817008`
## Borrower
- **Name:** NEW COAST VENTURES LLC
- **Address:** 405 W. Superior, CHICAGO, IL, 60654
- **NAICS:** 541511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $170K
- **Initial approval:** $170K
- **Forgiven:** $172K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $128K
- **Mortgage interest:** $21K
- **Utilities:** $21K
- **Jobs reported:** 4
## Lender
- **Originating:** Northbrook Bank & Trust Company, National Association
- **Servicing:** Northbrook 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*