# PPP loan: JENSEN-SOUDERS ASSOCIATES INC
> **$284K** approved 04/08/2020 · Paid in Full · Loan `8487357002`
## Borrower
- **Name:** JENSEN-SOUDERS ASSOCIATES INC
- **Address:** 725 BAKER DR, ITASCA, IL, 60143-1307
- **NAICS:** 493110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $284K
- **Initial approval:** $284K
- **Forgiven:** $287K (101%)
- **Forgiveness date:** 03/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $224K
- **Rent:** $45K
- **Utilities:** $15K
- **Jobs reported:** 25
## Lender
- **Originating:** Itasca Bank & Trust Co.
- **Servicing:** Itasca Bank & Trust Co. (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*