# PPP loan: LAWRENCE RAGAN COMMUNICATIONS INC
> **$677K** approved 04/08/2020 · Paid in Full · Loan `8819067006`
## Borrower
- **Name:** LAWRENCE RAGAN COMMUNICATIONS INC
- **Address:** 10 S LA SALLE ST STE 310, CHICAGO, IL, 60603-0004
- **NAICS:** 611430
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $677K
- **Initial approval:** $677K
- **Forgiven:** $681K (101%)
- **Forgiveness date:** 12/08/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $541K
- **Rent:** $68K
- **Utilities:** $34K
- **Debt interest:** $34K
- **Jobs reported:** 36
## Lender
- **Originating:** Cornerstone National Bank & Trust Company
- **Servicing:** Cornerstone National Bank & Trust Company (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*