# PPP loan: I CORP
> **$567K** approved 04/08/2020 · Paid in Full · Loan `8742287003`
## Borrower
- **Name:** I CORP
- **Address:** 2145 W Moen Ave, JOLIET, IL, 60436
- **NAICS:** 562998
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $567K
- **Initial approval:** $567K
- **Forgiven:** $572K (101%)
- **Forgiveness date:** 01/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $550K
- **Utilities:** $17K
- **Jobs reported:** 29
## Lender
- **Originating:** Midland States Bank
- **Servicing:** Midland States Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*