# PPP loan: FAIRHAVEN CHRISTIAN RETIREMENT CENTER
> **$1.61M** approved 04/09/2020 · Paid in Full · Loan `1090777108`
## Borrower
- **Name:** FAIRHAVEN CHRISTIAN RETIREMENT CENTER
- **Address:** 3470 N Alpine Rd, ROCKFORD, IL, 61114-4802
- **NAICS:** 623312
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.61M
- **Initial approval:** $1.61M
- **Forgiven:** $1.62M (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.61M
- **Utilities:** $2K
- **Jobs reported:** 270
## Lender
- **Originating:** Midland States Bank
- **Servicing:** Midland States Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*