# PPP loan: ECONOCARE, INC.
> **$327K** approved 02/13/2021 · Paid in Full · Loan `8302498402`
## Borrower
- **Name:** ECONOCARE, INC.
- **Address:** 6990 N Central Park Ave, Lincolnwood, IL, 60712-2706
- **NAICS:** 541990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $327K
- **Initial approval:** $327K
- **Forgiven:** $330K (101%)
- **Forgiveness date:** 03/15/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $327K
- **Utilities:** $1
- **Jobs reported:** 30
## Lender
- **Originating:** CIBC Bank USA
- **Servicing:** CIBC Bank USA (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*