# PPP loan: NEW BEGININGS HOMECARE OF ILLINOIS INC
> **$175K** approved 04/14/2020 · Paid in Full · Loan `7340757103`
## Borrower
- **Name:** NEW BEGININGS HOMECARE OF ILLINOIS INC
- **Address:** 11739 SOUTHWEST HWY, PALOS HEIGHTS, IL, 60463-1897
- **NAICS:** 621610
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $175K
- **Initial approval:** $175K
- **Forgiven:** $176K (101%)
- **Forgiveness date:** 01/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $170K
- **Mortgage interest:** $5K
- **Jobs reported:** 38
## Lender
- **Originating:** First Secure Bank and Trust Co.
- **Servicing:** First Secure Bank and Trust Co. (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*