# PPP loan: POLISH AMERICAN ASSOCIATION
> **$540K** approved 04/08/2020 · Paid in Full · Loan `8731367008`
## Borrower
- **Name:** POLISH AMERICAN ASSOCIATION
- **Address:** 3834 N. Cicero Ave., CHICAGO, IL, 60641-3604
- **NAICS:** 813219
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $540K
- **Initial approval:** $540K
- **Forgiven:** $544K (101%)
- **Forgiveness date:** 11/27/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $405K
- **Rent:** $81K
- **Utilities:** $54K
- **Jobs reported:** 104
## Lender
- **Originating:** Wintrust Bank, National Association
- **Servicing:** Wintrust Bank, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*