# PPP loan: SALEM CHILDREN'S HOME
> **$189K** approved 01/25/2021 · Paid in Full · Loan `5079858308`
## Borrower
- **Name:** SALEM CHILDREN'S HOME
- **Address:** 15161 N 400 East Rd, Flanagan, IL, 61740-9143
- **NAICS:** 623990
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $189K
- **Initial approval:** $189K
- **Forgiven:** $191K (101%)
- **Forgiveness date:** 03/07/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $189K
- **Utilities:** $1
- **Jobs reported:** 25
## Lender
- **Originating:** Morton Community Bank
- **Servicing:** Morton Community Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*