# PPP loan: THE CHICAGO AREA PROJECT
> **$655K** approved 04/16/2020 · Paid in Full · Loan `2762507204`
## Borrower
- **Name:** THE CHICAGO AREA PROJECT
- **Address:** 55 E JACKSON BLVD STE 900, CHICAGO, IL, 60604
- **NAICS:** 813319
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $655K
- **Initial approval:** $655K
- **Forgiven:** $683K (104%)
- **Forgiveness date:** 09/06/2024
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $561K
- **Rent:** $34K
- **Health care:** $50K
- **Debt interest:** $10K
- **Jobs reported:** 200
## 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*