# PPP loan: THE PROFESSIONALS INC
> **$432K** approved 04/08/2020 · Paid in Full · Loan `7815317007`
## Borrower
- **Name:** THE PROFESSIONALS INC
- **Address:** 3918 N WESTERN AVE, CHICAGO, IL, 60618-3725
- **NAICS:** 484110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $432K
- **Initial approval:** $432K
- **Forgiven:** $436K (101%)
- **Forgiveness date:** 06/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $324K
- **Utilities:** $54K
- **Health care:** $54K
- **Jobs reported:** 85
## 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*