# PPP loan: IA COLLABORATIVE
> **$1.55M** approved 04/27/2020 · Paid in Full · Loan `5284097210`
## Borrower
- **Name:** IA COLLABORATIVE
- **Address:** 218 S Wabash 9th Floor, CHICAGO, IL, 60604
- **NAICS:** 541990
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.55M
- **Initial approval:** $1.55M
- **Forgiven:** $1.25M (81%)
- **Forgiveness date:** 11/10/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.17M
- **Rent:** $233K
- **Utilities:** $155K
- **Jobs reported:** 78
## 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*