# PPP loan: PRIMROSE SCHOOL OF ALGONQUIN
> **$240K** approved 04/08/2020 · Paid in Full · Loan `7679187010`
## Borrower
- **Name:** PRIMROSE SCHOOL OF ALGONQUIN
- **Address:** 2300 COUNTY LINE RD, ALGONQUIN, IL, 60102-2562
- **NAICS:** 624410
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $240K
- **Initial approval:** $240K
- **Forgiven:** $243K (101%)
- **Forgiveness date:** 07/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $180K
- **Rent:** $30K
- **Debt interest:** $30K
- **Jobs reported:** 30
## Lender
- **Originating:** Meadows Bank
- **Servicing:** Meadows Bank (NV)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*