# PPP loan: MARKLUND CHILDRENS HOME
> **$3.88M** approved 05/02/2020 · Paid in Full · Loan `9635017307`
## Borrower
- **Name:** MARKLUND CHILDRENS HOME
- **Address:** 1S450 WYATT DR, GENEVA, IL, 60134-4921
- **NAICS:** 623210
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.88M
- **Initial approval:** $3.88M
- **Forgiven:** $3.93M (101%)
- **Forgiveness date:** 08/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.91M
- **Rent:** $582K
- **Utilities:** $388K
- **Jobs reported:** 497
## Lender
- **Originating:** St. Charles Bank & Trust Company, National Association
- **Servicing:** St. Charles Bank & Trust Company, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*