# PPP loan: W. E. CARLSON CORPORATION
> **$883K** approved 04/07/2020 · Paid in Full · Loan `7554507006`
## Borrower
- **Name:** W. E. CARLSON CORPORATION
- **Address:** 1128 PAGNI DR, ELK GROVE VILLAGE, IL, 60007-6601
- **NAICS:** 454390
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $883K
- **Initial approval:** $883K
- **Forgiven:** $889K (101%)
- **Forgiveness date:** 12/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $707K
- **Rent:** $132K
- **Utilities:** $44K
- **Jobs reported:** 47
## Lender
- **Originating:** Cornerstone National Bank & Trust Company
- **Servicing:** Cornerstone National Bank & Trust Company (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*