# PPP loan: EL REY USA MEATS AND SEAFOOD INC
> **$386K** approved 04/08/2020 · Paid in Full · Loan `8806127001`
## Borrower
- **Name:** EL REY USA MEATS AND SEAFOOD INC
- **Address:** 2101 W. 74th St, CHICAGO, IL, 60636-3652
- **NAICS:** 424470
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $386K
- **Initial approval:** $386K
- **Forgiven:** $391K (101%)
- **Forgiveness date:** 06/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $290K
- **Rent:** $58K
- **Utilities:** $39K
- **Jobs reported:** 34
## Lender
- **Originating:** Wintrust Bank, National Association
- **Servicing:** Wintrust Bank, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*