# PPP loan: GAILCO LIMITED PARTNERSHIP
> **$308K** approved 04/15/2020 · Paid in Full · Loan `9703887106`
## Borrower
- **Name:** GAILCO LIMITED PARTNERSHIP
- **Address:** 1515 W. JEFFERSON ST, JOLIET, IL, 60435-6703
- **NAICS:** 722513
- **Business type:** Limited Liability Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $308K
- **Initial approval:** $308K
- **Forgiven:** $311K (101%)
- **Forgiveness date:** 07/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $246K
- **Mortgage interest:** $61K
- **Jobs reported:** 86
## Lender
- **Originating:** Old Second National Bank
- **Servicing:** Old Second National Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*