# PPP loan: LOUIS GLUNZ BEER, INC.
> **$1.48M** approved 04/09/2020 · Paid in Full · Loan `9355007005`
## Borrower
- **Name:** LOUIS GLUNZ BEER, INC.
- **Address:** 7100 N Capitol Drive, LINCOLNWOOD, IL, 60712-2702
- **NAICS:** 424810
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.48M
- **Initial approval:** $1.48M
- **Forgiven:** $1.49M (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.11M
- **Rent:** $185K
- **Utilities:** $185K
- **Jobs reported:** 100
## Lender
- **Originating:** Wintrust Bank, National Association
- **Servicing:** Wintrust Bank, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*