# PPP loan: RAVENSWOOD MONTESSORI CHILD CARE
> **$194K** approved 04/28/2020 · Paid in Full · Loan `7064007202`
## Borrower
- **Name:** RAVENSWOOD MONTESSORI CHILD CARE
- **Address:** 1945 W WILSON AVE, CHICAGO, IL, 60640
- **NAICS:** 624410
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $194K
- **Initial approval:** $194K
- **Forgiven:** $196K (101%)
- **Forgiveness date:** 06/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $155K
- **Rent:** $36K
- **Utilities:** $3K
- **Jobs reported:** 36
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*