# PPP loan: CRE8IVE BEGINNINGS OF IL, INC
> **$172K** approved 04/04/2020 · Paid in Full · Loan `4768527003`
## Borrower
- **Name:** CRE8IVE BEGINNINGS OF IL, INC
- **Address:** 4110 W Peterson Ave, CHICAGO, IL, 60646-6017
- **NAICS:** 624410
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $172K
- **Initial approval:** $200K
- **Forgiven:** $174K (101%)
- **Forgiveness date:** 07/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $108K
- **Rent:** $54K
- **Utilities:** $10K
- **Jobs reported:** 22
## Lender
- **Originating:** Stearns Bank National Association
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*