# PPP loan: FAIRMONT CARE CENTRE, INC.
> **$1.61M** approved 04/15/2020 · Paid in Full · Loan `9790897106`
## Borrower
- **Name:** FAIRMONT CARE CENTRE, INC.
- **Address:** 5061 N Pulaski Road, CHICAGO, IL, 60630
- **NAICS:** 623110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.61M
- **Initial approval:** $1.61M
- **Forgiven:** $1.62M (101%)
- **Forgiveness date:** 03/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.21M
- **Mortgage interest:** $201K
- **Utilities:** $201K
- **Jobs reported:** 220
## Lender
- **Originating:** Northbrook Bank & Trust Company, National Association
- **Servicing:** Northbrook Bank & Trust Company, National Association (IL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*