# PPP loan: CITY TECH COLLABORATIVE
> **$195K** approved 04/05/2020 · Paid in Full · Loan `5216827006`
## Borrower
- **Name:** CITY TECH COLLABORATIVE
- **Address:** 222 Merchandise Mart Plaza Suite 570, CHICAGO, IL, 60654-1001
- **NAICS:** 813219
- **Business type:** Non-Profit Organization
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $195K
- **Initial approval:** $195K
- **Forgiven:** $198K (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $146K
- **Rent:** $24K
- **Utilities:** $24K
- **Jobs reported:** 11
## Lender
- **Originating:** Wintrust Bank, National Association
- **Servicing:** Wintrust Bank, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*