# PPP loan: MAY DECORATING II INC
> **$173K** approved 04/08/2020 · Paid in Full · Loan `8003837009`
## Borrower
- **Name:** MAY DECORATING II INC
- **Address:** 520 W Shady Lane Rd, PALATINE, IL, 60074-1069
- **NAICS:** 238320
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $173K
- **Initial approval:** $173K
- **Forgiven:** $175K (101%)
- **Forgiveness date:** 07/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $172K
- **Utilities:** $845
- **Jobs reported:** 4
## Lender
- **Originating:** Midland States Bank
- **Servicing:** Midland States Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*