# PPP loan: CHICAGO GASKET COMPANY
> **$290K** approved 04/28/2020 · Paid in Full · Loan `7888047206`
## Borrower
- **Name:** CHICAGO GASKET COMPANY
- **Address:** 1285 WEST NORTH AVENUE, CHICAGO, IL, 60642-1543
- **NAICS:** 339991
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $290K
- **Initial approval:** $290K
- **Forgiven:** $293K (101%)
- **Forgiveness date:** 04/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $251K
- **Rent:** $28K
- **Utilities:** $11K
- **Jobs reported:** 29
## Lender
- **Originating:** First Mid Bank and Trust National Association
- **Servicing:** First Mid Bank & Trust, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*