# PPP loan: SUBWAY I & I DEVELOPMENTS INC
> **$185K** approved 03/08/2021 · Exemption 4 · Loan `7896488510`
## Borrower
- **Name:** SUBWAY I & I DEVELOPMENTS INC
- **Address:** 16800 Chicago Ave Ste A, Lansing, IL, 60438-1171
- **NAICS:** 541611
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $185K
- **Initial approval:** $185K
- **Forgiven:** $113K (61%)
- **Forgiveness date:** 05/13/2024
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $185K
- **Utilities:** $1
- **Jobs reported:** 16
## Lender
- **Originating:** Town Center Bank
- **Servicing:** Town Center Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*