# PPP loan: WASHINGTON AND JANE SMITH COMMUNITY-BEVERLY
> **$1.20M** approved 04/11/2020 · Paid in Full · Loan `3500327105`
## Borrower
- **Name:** WASHINGTON AND JANE SMITH COMMUNITY-BEVERLY
- **Address:** 2320 W 11th Place, CHICAGO, IL, 60643
- **NAICS:** 623311
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.20M
- **Initial approval:** $1.20M
- **Forgiven:** $1.21M (101%)
- **Forgiveness date:** 01/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $899K
- **Mortgage interest:** $150K
- **Utilities:** $150K
- **Jobs reported:** 213
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*