# PPP loan: INTERCULTURAL MONTESSORI FOREIGN LANGUAGE IMMERSION SCHOOL
> **$550K** approved 01/20/2021 · Paid in Full · Loan `2107228301`
## Borrower
- **Name:** INTERCULTURAL MONTESSORI FOREIGN LANGUAGE IMMERSION SCHOOL
- **Address:** 114 S Racine Ave, Chicago, IL, 60607-2895
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $550K
- **Initial approval:** $550K
- **Forgiven:** $553K (100%)
- **Forgiveness date:** 07/21/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $550K
- **Utilities:** $1
- **Jobs reported:** 63
## Lender
- **Originating:** First Eagle Bank
- **Servicing:** First Eagle Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*