# PPP loan: INTERCULTURALMONTESSORI FOREIGN LANGUAGE IMMERSION SCHOOL
> **$550K** approved 04/05/2020 · Paid in Full · Loan `5406467006`
## Borrower
- **Name:** INTERCULTURALMONTESSORI FOREIGN LANGUAGE IMMERSION SCHOOL
- **Address:** 114 S. Racine Ave., CHICAGO, IL, 60607-2516
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $550K
- **Initial approval:** $550K
- **Forgiven:** $553K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $550K
- **Jobs reported:** 74
## Lender
- **Originating:** First Eagle Bank
- **Servicing:** First Eagle Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*