# PPP loan: NICHOLS DISPLAY GROUP
> **$342K** approved 04/08/2020 · Paid in Full · Loan `7796727005`
## Borrower
- **Name:** NICHOLS DISPLAY GROUP
- **Address:** 515 HUEHL RD, NORTHBROOK, IL, 60062-2336
- **NAICS:** 423990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $342K
- **Initial approval:** $342K
- **Forgiven:** $223K (65%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $257K
- **Mortgage interest:** $43K
- **Utilities:** $43K
- **Jobs reported:** 8
## Lender
- **Originating:** Schaumburg Bank & Trust Company, National Association
- **Servicing:** Schaumburg 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*