# PPP loan: TEDDY BEAR NURSERY SCHOOLS, INC.
> **$454K** approved 04/14/2020 · Paid in Full · Loan `6540547110`
## Borrower
- **Name:** TEDDY BEAR NURSERY SCHOOLS, INC.
- **Address:** 2649 W. 51st St., CHICAGO, IL, 60632-1559
- **NAICS:** 624410
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $454K
- **Initial approval:** $454K
- **Forgiven:** $459K (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $340K
- **Rent:** $57K
- **Utilities:** $57K
- **Jobs reported:** 60
## Lender
- **Originating:** Beverly Bank & Trust Company, National Association
- **Servicing:** Beverly Bank & Trust Company, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*