# PPP loan: NORTHBROOK RACQUET CLUB, INC.
> **$188K** approved 04/14/2020 · Paid in Full · Loan `5878797107`
## Borrower
- **Name:** NORTHBROOK RACQUET CLUB, INC.
- **Address:** 2995 DUNDEE RD, NORTHBROOK, IL, 60062
- **NAICS:** 713990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $188K
- **Initial approval:** $188K
- **Forgiven:** $190K (101%)
- **Forgiveness date:** 07/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $163K
- **Utilities:** $16K
- **Health care:** $4K
- **Debt interest:** $4K
- **Jobs reported:** 32
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*