# PPP loan: MICHAELS ON MAIN CAFE
> **$725K** approved 04/28/2020 · Exemption 4 · Loan `6706237210`
## Borrower
- **Name:** MICHAELS ON MAIN CAFE
- **Address:** 720 E Butterfield Road 170, Lombard, IL, 60148
- **NAICS:** 722514
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $725K
- **Initial approval:** $725K
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $544K
- **Mortgage interest:** $91K
- **Utilities:** $91K
- **Jobs reported:** 113
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Square Capital, LLC (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*