# PPP loan: IDA SOLUTIONS, INC.
> **$417K** approved 04/28/2020 · Paid in Full · Loan `8817197202`
## Borrower
- **Name:** IDA SOLUTIONS, INC.
- **Address:** 919 N PLUM GROVE RD, SCHAUMBURG, IL, 60173-5144
- **NAICS:** 541511
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $417K
- **Initial approval:** $417K
- **Forgiven:** $420K (101%)
- **Forgiveness date:** 03/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $312K
- **Mortgage interest:** $62K
- **Utilities:** $42K
- **Jobs reported:** 20
## Lender
- **Originating:** Schaumburg Bank & Trust Company, National Association
- **Servicing:** Schaumburg 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*