# PPP loan: SPRAGUE DISTRIBUTING CO. INC
> **$270K** approved 04/08/2020 · Paid in Full · Loan `8340217001`
## Borrower
- **Name:** SPRAGUE DISTRIBUTING CO. INC
- **Address:** 1917 S Blue Island Ave, Chicago, IL, 60608-3014
- **NAICS:** 541870
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $270K
- **Initial approval:** $270K
- **Forgiven:** $272K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $270K
- **Jobs reported:** 121
## Lender
- **Originating:** West Town Bank & Trust
- **Servicing:** West Town Bank & Trust (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*