# PPP loan: UC PAYROLL INC.
> **$1.54M** approved 05/26/2021 · Paid in Full · Loan `7581629005`
## Borrower
- **Name:** UC PAYROLL INC.
- **Address:** 465 W Crossroads Pkwy, Bolingbrook, IL, 60440-4937
- **NAICS:** 561330
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.54M
- **Initial approval:** $1.54M
- **Forgiven:** $1.57M (102%)
- **Forgiveness date:** 12/22/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.54M
- **Utilities:** $1
- **Jobs reported:** 147
## Lender
- **Originating:** Pan American Bank & Trust
- **Servicing:** Pan American Bank & Trust (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*