# PPP loan: RACHEL'S LEARNING CENTERS LTD.
> **$245K** approved 04/27/2020 · Paid in Full · Loan `5436107200`
## Borrower
- **Name:** RACHEL'S LEARNING CENTERS LTD.
- **Address:** 3015 E NEW YORK ST SUITE A2, AURORA, IL, 60504-5165
- **NAICS:** 624410
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $245K
- **Initial approval:** $245K
- **Forgiven:** $247K (101%)
- **Forgiveness date:** 01/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $245K
- **Jobs reported:** 63
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*