# PPP loan: ALLEN PRESTWOOD CONCRETE CONSTRUCTION INC
> **$212K** approved 04/28/2020 · Charged Off · Loan `8404157203`
## Borrower
- **Name:** ALLEN PRESTWOOD CONCRETE CONSTRUCTION INC
- **Address:** 7344 S WABASH AVE, CHICAGO, IL, 60619-1625
- **NAICS:** 238110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $212K
- **Initial approval:** $212K
- **Forgiven:** $63K (30%)
- **Forgiveness date:** 03/10/2023
- **Status:** Charged Off
- **Term:** 12 months
## Use of funds
- **Payroll:** $159K
- **Rent:** $50K
- **Utilities:** $3K
- **Jobs reported:** 8
## Lender
- **Originating:** Libertyville Bank & Trust Company, National Association
- **Servicing:** Libertyville Bank & Trust Company, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*