# PPP loan: NATIONAL ORGANIZATION OF THE NEW
> **$552K** approved 05/01/2020 · Paid in Full · Loan `2503347700`
## Borrower
- **Name:** NATIONAL ORGANIZATION OF THE NEW
- **Address:** 3753 N TROY ST, CHICAGO, IL, 60618
- **NAICS:** —
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $552K
- **Initial approval:** $552K
- **Forgiven:** $556K (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $442K
- **Health care:** $110K
- **Jobs reported:** 30
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*