# PPP loan: LOYOLA ACADEMY
> **$4.87M** approved 04/06/2020 · Paid in Full · Loan `6400837003`
## Borrower
- **Name:** LOYOLA ACADEMY
- **Address:** 1100 LARAMIE AVE., WILMETTE, IL, 60091-1021
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.87M
- **Initial approval:** $4.87M
- **Forgiven:** $4.93M (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.00M
- **Mortgage interest:** $169K
- **Utilities:** $200K
- **Health care:** $500K
- **Jobs reported:** 297
## Lender
- **Originating:** Wintrust Bank, National Association
- **Servicing:** Wintrust Bank, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*