# PPP loan: TRIANGLE PACKAGE MACHINERY CO.
> **$3.40M** approved 04/08/2020 · Paid in Full · Loan `8603977009`
## Borrower
- **Name:** TRIANGLE PACKAGE MACHINERY CO.
- **Address:** 6655 W Diversey Ave, Chicago, IL, 60707-2218
- **NAICS:** 333993
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.40M
- **Initial approval:** $1.36M
- **Forgiven:** $3.17M (93%)
- **Forgiveness date:** 12/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.55M
- **Rent:** $425K
- **Utilities:** $425K
- **Jobs reported:** 164
## Lender
- **Originating:** Northbrook Bank & Trust Company, National Association
- **Servicing:** Northbrook 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*