# PPP loan: LORETTO HOSPITAL
> **$4.89M** approved 04/13/2020 · Paid in Full · Loan `4740747106`
## Borrower
- **Name:** LORETTO HOSPITAL
- **Address:** 645 S. CENTRAL AVE, CHICAGO, IL, 60644-5016
- **NAICS:** 622110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.89M
- **Initial approval:** $4.89M
- **Forgiven:** $4.94M (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.74M
- **Utilities:** $141K
- **Jobs reported:** 400
## Lender
- **Originating:** Old Second National Bank
- **Servicing:** Old Second National Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*