# PPP loan: MECOLLARI INC.
> **$165K** approved 04/09/2020 · Paid in Full · Loan `9533067005`
## Borrower
- **Name:** MECOLLARI INC.
- **Address:** 109 S. Marion St., OAK PARK, IL, 60302-2813
- **NAICS:** 812112
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $165K
- **Initial approval:** $165K
- **Forgiven:** $167K (101%)
- **Forgiveness date:** 09/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $124K
- **Rent:** $41K
- **Jobs reported:** 23
## Lender
- **Originating:** Forest Park National Bank and Trust Company
- **Servicing:** Forest Park National Bank and Trust Company (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*