# PPP loan: ADVANCE WHEEL CORPORATION
> **$569K** approved 04/08/2020 · Paid in Full · Loan `8464137003`
## Borrower
- **Name:** ADVANCE WHEEL CORPORATION
- **Address:** 5335 S Western Blvd, CHICAGO, IL, 60609
- **NAICS:** 336390
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $569K
- **Initial approval:** $569K
- **Forgiven:** $572K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $427K
- **Rent:** $71K
- **Utilities:** $71K
- **Jobs reported:** 47
## Lender
- **Originating:** Wheaton Bank & Trust Company, National Association
- **Servicing:** Wheaton 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*