# PPP loan: SILVICOM INC
> **$786K** approved 04/09/2020 · Paid in Full · Loan `9688937000`
## Borrower
- **Name:** SILVICOM INC
- **Address:** 1301 Armitage Ave, MELROSE PARK, IL, 60160-1408
- **NAICS:** 484121
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $786K
- **Initial approval:** $786K
- **Forgiven:** $792K (101%)
- **Forgiveness date:** 01/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $786K
- **Jobs reported:** 155
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*