# PPP loan: NEW HORIZON CENTER FOR DEVELOPMENTALLY DISABLED
> **$809K** approved 04/05/2020 · Paid in Full · Loan `5588447000`
## Borrower
- **Name:** NEW HORIZON CENTER FOR DEVELOPMENTALLY DISABLED
- **Address:** 6737 W. Forest Preserve Avenue, CHICAGO, IL, 60634-1470
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Unanswered
## Loan
- **Approval amount:** $809K
- **Initial approval:** $809K
- **Forgiven:** $187K (23%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $647K
- **Rent:** $81K
- **Mortgage interest:** $40K
- **Utilities:** $40K
- **Jobs reported:** 91
## Lender
- **Originating:** Cornerstone National Bank & Trust Company
- **Servicing:** Cornerstone National Bank & Trust Company (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*