# PPP loan: INNOVATIVE PLATINUM CARE, SC
> **$415K** approved 04/05/2020 · Paid in Full · Loan `5124667009`
## Borrower
- **Name:** INNOVATIVE PLATINUM CARE, SC
- **Address:** 2400 N ASHLAND AVE #150, CHICAGO, IL, 60614-2021
- **NAICS:** 621399
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $415K
- **Initial approval:** $415K
- **Forgiven:** $420K (101%)
- **Forgiveness date:** 06/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $332K
- **Rent:** $65K
- **Health care:** $18K
- **Jobs reported:** 51
## 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*