# PPP loan: AL-FURQAAN FOUNDATION
> **$221K** approved 03/20/2021 · Paid in Full · Loan `4796128604`
## Borrower
- **Name:** AL-FURQAAN FOUNDATION
- **Address:** 401 W Boughton Rd, Bolingbrook, IL, 60440-1821
- **NAICS:** 813219
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $221K
- **Initial approval:** $221K
- **Forgiven:** $222K (100%)
- **Forgiveness date:** 09/17/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $221K
- **Utilities:** $1
- **Jobs reported:** 37
## Lender
- **Originating:** Devon Bank
- **Servicing:** Devon Bank (IL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*