# PPP loan: EAST LAKE ACADEMY
> **$199K** approved 04/13/2020 · Paid in Full · Loan `5648257103`
## Borrower
- **Name:** EAST LAKE ACADEMY
- **Address:** 13911 W. Laurel Drive, LAKE FOREST, IL, 60045-4530
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $199K
- **Initial approval:** $232K
- **Forgiven:** $200K (101%)
- **Forgiveness date:** 12/28/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $199K
- **Jobs reported:** 25
## Lender
- **Originating:** First American Bank
- **Servicing:** First American Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*