# PPP loan: CHILEDA INSTITUTE INC
> **$1.30M** approved 04/09/2020 · Paid in Full · Loan `9445287001`
## Borrower
- **Name:** CHILEDA INSTITUTE INC
- **Address:** 1825 VICTORY ST, LA CROSSE, WI, 54601-7201
- **NAICS:** 611699
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.30M
- **Initial approval:** $1.30M
- **Forgiven:** $1.32M (101%)
- **Forgiveness date:** 07/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.26M
- **Mortgage interest:** $13K
- **Utilities:** $26K
- **Jobs reported:** 229
## Lender
- **Originating:** Merchants Bank, National Association
- **Servicing:** Merchants Bank, National Association (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*