# PPP loan: AMPLIO SYSTEMS INCORPORATED
> **$487K** approved 04/08/2020 · Paid in Full · Loan `8759677009`
## Borrower
- **Name:** AMPLIO SYSTEMS INCORPORATED
- **Address:** 578 W COLFAX ST, PALATINE, IL, 60067
- **NAICS:** 334310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $487K
- **Initial approval:** $487K
- **Forgiven:** $490K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $410K
- **Rent:** $26K
- **Health care:** $52K
- **Jobs reported:** 26
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*