# PPP loan: THE LEARNING TREE CENTER INC.
> **$154K** approved 01/25/2021 · Paid in Full · Loan `5281478305`
## Borrower
- **Name:** THE LEARNING TREE CENTER INC.
- **Address:** 735 Ela Rd, Lake Zurich, IL, 60047-2337
- **NAICS:** 624410
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $154K
- **Initial approval:** $154K
- **Forgiven:** $155K (101%)
- **Forgiveness date:** 12/14/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $154K
- **Utilities:** $1
- **Jobs reported:** 27
## Lender
- **Originating:** International Bank of Chicago
- **Servicing:** International Bank of Chicago (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*