# PPP loan: MCDERMOTT CENTER
> **$2.96M** approved 04/13/2020 · Paid in Full · Loan `4641037110`
## Borrower
- **Name:** MCDERMOTT CENTER
- **Address:** 120 N. Sangamon Street, CHICAGO, IL, 60607-2202
- **NAICS:** 623220
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.96M
- **Initial approval:** $2.96M
- **Forgiven:** $3.00M (101%)
- **Forgiveness date:** 06/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.96M
- **Jobs reported:** 297
## Lender
- **Originating:** Fifth Third Bank
- **Servicing:** Fifth Third Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*