# PPP loan: WESTMINSTER PRESBYTERIAN CHURCH OF ELGIN
> **$410K** approved 04/05/2020 · Paid in Full · Loan `5591807002`
## Borrower
- **Name:** WESTMINSTER PRESBYTERIAN CHURCH OF ELGIN
- **Address:** 2700 HIGHLAND AVE, ELGIN, IL, 60124-7948
- **NAICS:** 813110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $410K
- **Initial approval:** $602K
- **Forgiven:** $413K (101%)
- **Forgiveness date:** 12/21/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $308K
- **Rent:** $62K
- **Utilities:** $41K
- **Jobs reported:** 49
## Lender
- **Originating:** Village Bank and Trust, National Association
- **Servicing:** Village Bank and Trust, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*