# PPP loan: BLACK UNITED FUND OF ILLINOIS
> **$367K** approved 04/30/2020 · Paid in Full · Loan `6787757301`
## Borrower
- **Name:** BLACK UNITED FUND OF ILLINOIS
- **Address:** 1809 E 71ST STREET, CHICAGO, IL, 60649
- **NAICS:** 925120
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $367K
- **Initial approval:** $367K
- **Forgiven:** $373K (102%)
- **Forgiveness date:** 12/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $358K
- **Health care:** $9K
- **Jobs reported:** 124
## Lender
- **Originating:** Providence Bank & Trust
- **Servicing:** Providence Bank & Trust (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*