# PPP loan: GRAND STAGE LIGHTING CO.
> **$367K** approved 04/28/2020 · Paid in Full · Loan `8355527210`
## Borrower
- **Name:** GRAND STAGE LIGHTING CO.
- **Address:** 3418 N Knox Ave, CHICAGO, IL, 60641-3744
- **NAICS:** 532490
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $367K
- **Initial approval:** $367K
- **Forgiven:** $369K (101%)
- **Forgiveness date:** 12/22/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $293K
- **Rent:** $37K
- **Utilities:** $37K
- **Jobs reported:** 22
## Lender
- **Originating:** Cornerstone National Bank & Trust Company
- **Servicing:** Cornerstone National Bank & Trust Company (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*