# PPP loan: CHICAGO ACADEMY FOR THE ARTS
> **$462K** approved 04/01/2021 · Paid in Full · Loan `4425378708`
## Borrower
- **Name:** CHICAGO ACADEMY FOR THE ARTS
- **Address:** 1010 W Chicago Ave, Chicago, IL, 60642-5414
- **NAICS:** 611610
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $462K
- **Initial approval:** $462K
- **Forgiven:** $467K (101%)
- **Forgiveness date:** 02/25/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $462K
- **Utilities:** $1
- **Jobs reported:** 82
## Lender
- **Originating:** U.S. Bank, National Association
- **Servicing:** U.S. Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*