# PPP loan: WESTLAKE CHRISTIAN ACADEMY
> **$258K** approved 04/06/2020 · Paid in Full · Loan `5742877010`
## Borrower
- **Name:** WESTLAKE CHRISTIAN ACADEMY
- **Address:** 275 S. LAKE STREET, GRAYSLAKE, IL, 60030-2318
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $258K
- **Initial approval:** $258K
- **Forgiven:** $259K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $194K
- **Rent:** $32K
- **Utilities:** $32K
- **Jobs reported:** 75
## Lender
- **Originating:** State Bank of the Lakes, National Association
- **Servicing:** State Bank of the Lakes, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*