# PPP loan: THE BABY FOLD
> **$1.97M** approved 05/01/2020 · Exemption 4 · Loan `7632017705`
## Borrower
- **Name:** THE BABY FOLD
- **Address:** 108 E WILLOW, NORMAL, IL, 61761
- **NAICS:** —
- **Business type:** Non-Profit Organization
- **Business age:** Unanswered
## Loan
- **Approval amount:** $1.97M
- **Initial approval:** $1.97M
- **Forgiven:** $535K (27%)
- **Forgiveness date:** 09/27/2021
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $1.97M
- **Jobs reported:** 262
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*