# PPP loan: TRUE GROUP, INC
> **$2.42M** approved 04/09/2020 · Paid in Full · Loan `9341617010`
## Borrower
- **Name:** TRUE GROUP, INC
- **Address:** 1211 W. 22ND ST, OAK BROOK, IL, 60523-2064
- **NAICS:** 541611
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.42M
- **Initial approval:** $2.42M
- **Forgiven:** $2.45M (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.82M
- **Mortgage interest:** $364K
- **Utilities:** $242K
- **Jobs reported:** 121
## Lender
- **Originating:** Old Plank Trail Community Bank, National Association
- **Servicing:** Old Plank Trail Community Bank, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*