# PPP loan: URBAN ALTERNATIVES, INC.
> **$194K** approved 04/16/2020 · Paid in Full · Loan `3055117200`
## Borrower
- **Name:** URBAN ALTERNATIVES, INC.
- **Address:** 5934 W North Ave, CHICAGO, IL, 60639
- **NAICS:** 531210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $194K
- **Initial approval:** $194K
- **Forgiven:** $196K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $146K
- **Rent:** $24K
- **Utilities:** $24K
- **Jobs reported:** 22
## Lender
- **Originating:** Wintrust Bank, National Association
- **Servicing:** Wintrust Bank, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*