# PPP loan: MOUNT ST. JOSEPH
> **$963K** approved 05/19/2020 · Paid in Full · Loan `9107777406`
## Borrower
- **Name:** MOUNT ST. JOSEPH
- **Address:** 24955 US HIGHWAY 12, LAKE ZURICH, IL, 60047-8919
- **NAICS:** 623210
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $963K
- **Initial approval:** $963K
- **Forgiven:** $975K (101%)
- **Forgiveness date:** 08/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $771K
- **Rent:** $96K
- **Mortgage interest:** $48K
- **Utilities:** $48K
- **Jobs reported:** 148
## Lender
- **Originating:** Cornerstone National Bank & Trust Company
- **Servicing:** Cornerstone National Bank & Trust Company (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*