# PPP loan: BAYS NORTHBROOK HOSPITALITY CORP
> **$490K** approved 04/11/2020 · Paid in Full · Loan `2815717104`
## Borrower
- **Name:** BAYS NORTHBROOK HOSPITALITY CORP
- **Address:** 2875 MILWAUKEE AVENUE, NORTHBROOK, IL, 60062-6103
- **NAICS:** 721110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $490K
- **Initial approval:** $490K
- **Forgiven:** $493K (101%)
- **Forgiveness date:** 02/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $384K
- **Mortgage interest:** $96K
- **Jobs reported:** 100
## Lender
- **Originating:** LincolnWay Community Bank
- **Servicing:** LincolnWay Community Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*