# PPP loan: TIMOTHY PLACE, NFP
> **$1.38M** approved 04/27/2020 · Paid in Full · Loan `3493007202`
## Borrower
- **Name:** TIMOTHY PLACE, NFP
- **Address:** 18601 N CREEK DR, TINLEY PARK, IL, 60477-6397
- **NAICS:** 623110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.38M
- **Initial approval:** $1.38M
- **Forgiven:** $1.39M (101%)
- **Forgiveness date:** 12/08/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.03M
- **Mortgage interest:** $207K
- **Utilities:** $138K
- **Jobs reported:** 231
## Lender
- **Originating:** Old Plank Trail Community Bank, National Association
- **Servicing:** Old Plank Trail Community Bank, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*