# PPP loan: DANIEL MURPHY SCHOLARSHIP FUND
> **$221K** approved 04/07/2020 · Paid in Full · Loan `6977357006`
## Borrower
- **Name:** DANIEL MURPHY SCHOLARSHIP FUND
- **Address:** 309 West Washington, Suite 700, CHICAGO, IL, 60606
- **NAICS:** 813211
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $221K
- **Initial approval:** $221K
- **Forgiven:** $224K (101%)
- **Forgiveness date:** 06/30/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $166K
- **Rent:** $28K
- **Utilities:** $28K
- **Jobs reported:** 13
## Lender
- **Originating:** Northbrook Bank & Trust Company, National Association
- **Servicing:** Northbrook 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*