# PPP loan: PEOPLE'S MUSIC SCHOOL INC.
> **$298K** approved 01/21/2021 · Paid in Full · Loan `3075738300`
## Borrower
- **Name:** PEOPLE'S MUSIC SCHOOL INC.
- **Address:** 931 W Eastwood Ave, Chicago, IL, 60640-5107
- **NAICS:** 611610
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $298K
- **Initial approval:** $298K
- **Forgiven:** $300K (101%)
- **Forgiveness date:** 08/30/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $298K
- **Jobs reported:** 70
## 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*