# PPP loan: CHERRY CIRCLE ROOM LLC
> **$942K** approved 04/27/2020 · Paid in Full · Loan `5568387205`
## Borrower
- **Name:** CHERRY CIRCLE ROOM LLC
- **Address:** 12 S. Michigan Ave, CHICAGO, IL, 60603
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Unanswered
## Loan
- **Approval amount:** $942K
- **Initial approval:** $942K
- **Forgiven:** $185K (20%)
- **Forgiveness date:** 06/08/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $707K
- **Rent:** $141K
- **Utilities:** $94K
- **Jobs reported:** 162
## 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*