# PPP loan: KLOSS DISTRIBUTING CO., INC.
> **$940K** approved 04/09/2020 · Paid in Full · Loan `9319677010`
## Borrower
- **Name:** KLOSS DISTRIBUTING CO., INC.
- **Address:** 1333 Northwestern Ave, Gurnee, IL, 60031-2347
- **NAICS:** 424810
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $940K
- **Initial approval:** $940K
- **Forgiven:** $953K (101%)
- **Forgiveness date:** 08/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $940K
- **Jobs reported:** 85
## Lender
- **Originating:** First Midwest Bank, A Division of Old National Bank
- **Servicing:** Old National Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*