# PPP loan: THE COVE SCHOOL
> **$1.16M** approved 04/08/2020 · Paid in Full · Loan `8305027008`
## Borrower
- **Name:** THE COVE SCHOOL
- **Address:** 350 LEE RD, NORTHBROOK, IL, 60062-1521
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.16M
- **Initial approval:** $1.16M
- **Forgiven:** $1.16M (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.16M
- **Jobs reported:** 172
## Lender
- **Originating:** CIBC Bank USA
- **Servicing:** CIBC Bank USA (IL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*