# PPP loan: THE VILLAGE AT MERCY CREEK
> **$261K** approved 04/28/2020 · Paid in Full · Loan `7076937207`
## Borrower
- **Name:** THE VILLAGE AT MERCY CREEK
- **Address:** 1501 Mercy Creek Drive, NORMAL, IL, 61761-9597
- **NAICS:** 623110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $261K
- **Initial approval:** $261K
- **Forgiven:** $263K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $250K
- **Rent:** $11K
- **Jobs reported:** 58
## Lender
- **Originating:** Wintrust Bank, National Association
- **Servicing:** Wintrust Bank, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*