# PPP loan: URBAN INITIATIVES INC. NFP.
> **$625K** approved 02/06/2021 · Paid in Full · Loan `4242158404`
## Borrower
- **Name:** URBAN INITIATIVES INC. NFP.
- **Address:** 650 W Lake St Ste 340, Chicago, IL, 60661-1035
- **NAICS:** 561499
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $625K
- **Initial approval:** $625K
- **Forgiven:** $628K (101%)
- **Forgiveness date:** 08/30/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $625K
- **Jobs reported:** 50
## 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*