# PPP loan: LOOMCRAFT TEXTILE & SUPPLY COMPANY
> **$639K** approved 04/09/2020 · Paid in Full · Loan `8929987001`
## Borrower
- **Name:** LOOMCRAFT TEXTILE & SUPPLY COMPANY
- **Address:** 645 Lakeview Parkway, VERNON HILLS, IL, 60061-1458
- **NAICS:** 451130
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $639K
- **Initial approval:** $639K
- **Forgiven:** $644K (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $639K
- **Jobs reported:** 68
## Lender
- **Originating:** CIBC Bank USA
- **Servicing:** CIBC Bank USA (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*