# PPP loan: GRAYHILL, INC.
> **$8.59M** approved 04/08/2020 · Paid in Full · Loan `7706147005`
## Borrower
- **Name:** GRAYHILL, INC.
- **Address:** 561 Hillgrove Ave, LA GRANGE, IL, 60525-5914
- **NAICS:** 334413
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $8.59M
- **Initial approval:** $8.59M
- **Forgiven:** $8.71M (101%)
- **Forgiveness date:** 09/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $8.59M
- **Jobs reported:** 500
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*