# PPP loan: BUDDE MARKETING SYSTEMS, INC.
> **$159K** approved 04/09/2020 · Paid in Full · Loan `9306587008`
## Borrower
- **Name:** BUDDE MARKETING SYSTEMS, INC.
- **Address:** 570 Village Center Dr. Unit 204, Burr Ridge, IL, 60527-4515
- **NAICS:** 541910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $159K
- **Initial approval:** $75K
- **Forgiven:** $160K (101%)
- **Forgiveness date:** 12/28/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Rent:** $20K
- **Mortgage interest:** $119K
- **Utilities:** $20K
- **Jobs reported:** 13
## Lender
- **Originating:** Old Plank Trail Community Bank, National Association
- **Servicing:** Old Plank Trail Community Bank, National Association (IL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*