# PPP loan: ISRAEL LEVY DIAMOND CUTTERS INC.
> **$409K** approved 02/12/2021 · Paid in Full · Loan `7662118403`
## Borrower
- **Name:** ISRAEL LEVY DIAMOND CUTTERS INC.
- **Address:** 29 E Madison St Ste 700, Chicago, IL, 60602-4543
- **NAICS:** 339910
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $409K
- **Initial approval:** $409K
- **Forgiven:** $412K (101%)
- **Forgiveness date:** 11/19/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $409K
- **Utilities:** $1
- **Jobs reported:** 23
## Lender
- **Originating:** CIBC Bank USA
- **Servicing:** CIBC Bank USA (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*