# PPP loan: SMART LOCAL 265 WELFARE FUND
> **$167K** approved 03/25/2021 · Paid in Full · Loan `8596108602`
## Borrower
- **Name:** SMART LOCAL 265 WELFARE FUND
- **Address:** 205 Alexandra Way, Carol Stream, IL, 60188-2080
- **NAICS:** 525120
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $167K
- **Initial approval:** $167K
- **Forgiven:** $170K (101%)
- **Forgiveness date:** 06/30/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $167K
- **Jobs reported:** 7
## Lender
- **Originating:** FNBC Bank and Trust
- **Servicing:** FNBC Bank and Trust (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*