# PPP loan: NORTHERN KANE EDUCATIONAL CORP
> **$927K** approved 04/15/2020 · Paid in Full · Loan `8743007100`
## Borrower
- **Name:** NORTHERN KANE EDUCATIONAL CORP
- **Address:** 900 WESTER BLVD, PINGREE GROVE, IL, 60140-2050
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $927K
- **Initial approval:** $927K
- **Forgiven:** $934K (101%)
- **Forgiveness date:** 01/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $742K
- **Mortgage interest:** $184K
- **Jobs reported:** 103
## Lender
- **Originating:** Old Second National Bank
- **Servicing:** Old Second National Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*