# PPP loan: PRESSSENSE PRESSURE SENSITIVE PAPERS INC
> **$376K** approved 04/08/2020 · Paid in Full · Loan `8307137010`
## Borrower
- **Name:** PRESSSENSE PRESSURE SENSITIVE PAPERS INC
- **Address:** 14503 S GOUGAR RD, LOCKPORT, IL, 60491-6400
- **NAICS:** 424130
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $376K
- **Initial approval:** $376K
- **Forgiven:** $381K (101%)
- **Forgiveness date:** 05/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $283K
- **Utilities:** $94K
- **Jobs reported:** 24
## Lender
- **Originating:** Old Plank Trail Community Bank, National Association
- **Servicing:** Old Plank Trail Community Bank, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*