# PPP loan: MAGNOLIA CHICAGO LLC
> **$218K** approved 04/28/2020 · Paid in Full · Loan `9224327203`
## Borrower
- **Name:** MAGNOLIA CHICAGO LLC
- **Address:** 108 N State Street 128, Chicago, IL, 60602-1616
- **NAICS:** 722515
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $218K
- **Initial approval:** $218K
- **Forgiven:** $219K (100%)
- **Forgiveness date:** 12/28/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $218K
- **Jobs reported:** 65
## Lender
- **Originating:** Bank of Ann Arbor
- **Servicing:** Bank of Ann Arbor (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*