# PPP loan: ST. JOSEPH NURSING HOME, INC. LACON, ILLINOIS
> **$656K** approved 04/28/2020 · Paid in Full · Loan `6579847201`
## Borrower
- **Name:** ST. JOSEPH NURSING HOME, INC. LACON, ILLINOIS
- **Address:** 401 9th Street, LACON, IL, 61540
- **NAICS:** 813319
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $656K
- **Initial approval:** $656K
- **Forgiven:** $659K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $550K
- **Utilities:** $106K
- **Jobs reported:** 75
## 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*