# PPP loan: MCGILL MANAGEMENT INC.
> **$329K** approved 04/15/2020 · Paid in Full · Loan `9843037100`
## Borrower
- **Name:** MCGILL MANAGEMENT INC.
- **Address:** 1314 N RAND RD, ARLINGTON HEIGHTS, IL, 60004-4306
- **NAICS:** 531311
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $329K
- **Initial approval:** $329K
- **Forgiven:** $332K (101%)
- **Forgiveness date:** 05/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $263K
- **Rent:** $66K
- **Jobs reported:** 32
## Lender
- **Originating:** Cornerstone National Bank & Trust Company
- **Servicing:** Cornerstone National Bank & Trust Company (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*