# PPP loan: INSTITUTE FOR LATINO PROGRESS
> **$2.20M** approved 04/11/2020 · Paid in Full · Loan `3492797105`
## Borrower
- **Name:** INSTITUTE FOR LATINO PROGRESS
- **Address:** 2520 S. Western Ave, CHICAGO, IL, 60608-4808
- **NAICS:** 611710
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.20M
- **Initial approval:** $2.20M
- **Forgiven:** $2.23M (101%)
- **Forgiveness date:** 10/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.20M
- **Jobs reported:** 191
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*