# PPP loan: ASBACH & VANSELOW INC
> **$1.10M** approved 04/08/2020 · Paid in Full · Loan `7881897004`
## Borrower
- **Name:** ASBACH & VANSELOW INC
- **Address:** 1000 Brown St., Suite 311, WAUCONDA, IL, 60084-1106
- **NAICS:** 238130
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.10M
- **Initial approval:** $1.10M
- **Forgiven:** $624K (57%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.10M
- **Jobs reported:** 33
## Lender
- **Originating:** First American Bank
- **Servicing:** First American Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*