# PPP loan: INDIO INC DBA EL FARO
> **$234K** approved 04/09/2020 · Paid in Full · Loan `9909177002`
## Borrower
- **Name:** INDIO INC DBA EL FARO
- **Address:** 3936 W. 31st Street, CHICAGO, IL, 60623-4935
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $234K
- **Initial approval:** $234K
- **Forgiven:** $236K (101%)
- **Forgiveness date:** 04/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $176K
- **Mortgage interest:** $29K
- **Utilities:** $29K
- **Jobs reported:** 53
## Lender
- **Originating:** Wintrust Bank, National Association
- **Servicing:** Wintrust Bank, National Association (IL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*