# PPP loan: ARCHER HEIGHTS DEVELOPMENT CORP
> **$213K** approved 03/09/2021 · Exemption 4 · Loan `8147848508`
## Borrower
- **Name:** ARCHER HEIGHTS DEVELOPMENT CORP
- **Address:** 5708 S Damen Ave Apt 1, Chicago, IL, 60636-1688
- **NAICS:** 236115
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $213K
- **Initial approval:** $213K
- **Forgiven:** $210K (99%)
- **Forgiveness date:** 10/06/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $212K
- **Jobs reported:** 15
## Lender
- **Originating:** U.S. Bank, National Association
- **Servicing:** U.S. Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*