# PPP loan: SUBURBAN MACHINE CORPORATION
> **$400K** approved 04/09/2020 · Paid in Full · Loan `9290657010`
## Borrower
- **Name:** SUBURBAN MACHINE CORPORATION
- **Address:** 512 Northgate Parkway, WHEELING, IL, 60090-2664
- **NAICS:** 333999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $400K
- **Initial approval:** $400K
- **Forgiven:** $405K (101%)
- **Forgiveness date:** 07/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $300K
- **Mortgage interest:** $95K
- **Utilities:** $5K
- **Jobs reported:** 26
## Lender
- **Originating:** Libertyville Bank & Trust Company, National Association
- **Servicing:** Libertyville Bank & Trust Company, National Association (IL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*