# PPP loan: PEERLESS ENTERPRISES, INC.
> **$1.23M** approved 04/08/2020 · Paid in Full · Loan `8483417010`
## Borrower
- **Name:** PEERLESS ENTERPRISES, INC.
- **Address:** 33 W401 ROOSEVELT RD, WEST CHICAGO, IL, 60185-2611
- **NAICS:** 238990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.23M
- **Initial approval:** $1.23M
- **Forgiven:** $1.24M (101%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.14M
- **Rent:** $75K
- **Utilities:** $13K
- **Debt interest:** $2K
- **Jobs reported:** 44
## Lender
- **Originating:** First Mid Bank and Trust National Association
- **Servicing:** First Mid Bank & Trust, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*