# PPP loan: EMBARC INC.
> **$243K** approved 01/23/2021 · Paid in Full · Loan `4623898309`
## Borrower
- **Name:** EMBARC INC.
- **Address:** 540 W Webster Ave Apt 1211, Chicago, IL, 60614-6588
- **NAICS:** 813990
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $243K
- **Initial approval:** $243K
- **Forgiven:** $244K (101%)
- **Forgiveness date:** 09/28/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $243K
- **Jobs reported:** 18
## Lender
- **Originating:** Byline Bank
- **Servicing:** Byline Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*