# PPP loan: INSTITUTE OF THE INTERNATIONAL EDUCATION OF STUDENTS
> **$3.14M** approved 04/11/2020 · Exemption 4 · Loan `3298387107`
## Borrower
- **Name:** INSTITUTE OF THE INTERNATIONAL EDUCATION OF STUDENTS
- **Address:** 33 W. Monroe St., Suite 2300 0.0, Chicago, IL, 60603-5405
- **NAICS:** 611699
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.14M
- **Initial approval:** $3.14M
- **Forgiven:** $2.58M (82%)
- **Forgiveness date:** 06/28/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Rent:** $29K
- **Mortgage interest:** $167K
- **Utilities:** $2.74M
- **Health care:** $200K
- **Jobs reported:** 204
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*