# PPP loan: CLORICA MANAGEMENT CORP.
> **$516K** approved 04/14/2020 · Paid in Full · Loan `7904047109`
## Borrower
- **Name:** CLORICA MANAGEMENT CORP.
- **Address:** 1 WESTBROOK CORPORATE CTR Suite 300, WESTCHESTER, IL, 60154-5709
- **NAICS:** 561720
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $516K
- **Initial approval:** $516K
- **Forgiven:** $522K (101%)
- **Forgiveness date:** 06/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $413K
- **Rent:** $52K
- **Utilities:** $26K
- **Debt interest:** $26K
- **Jobs reported:** 45
## Lender
- **Originating:** Cornerstone National Bank & Trust Company
- **Servicing:** Cornerstone National Bank & Trust Company (IL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*