# PPP loan: BIRCH LAKE ASSOCIATES LLC
> **$213K** approved 01/27/2021 · Exemption 4 · Loan `6895288306`
## Borrower
- **Name:** BIRCH LAKE ASSOCIATES LLC
- **Address:** 71 S Wacker Dr Ste 2425, Chicago, IL, 60606-4716
- **NAICS:** 525990
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $213K
- **Initial approval:** $213K
- **Forgiven:** $176K (83%)
- **Forgiveness date:** 08/29/2023
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $213K
- **Utilities:** $1
- **Jobs reported:** 7
## Lender
- **Originating:** CIBC Bank USA
- **Servicing:** CIBC Bank USA (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*