PPP – Spark Montessori
Continuation of education services for children
Woman-owned small business
Paycheck Protection Program Success Story
Spark Montessori is an early childhood learning center located in the Ravenswood neighborhood on Chicago’s North Side. The center opened in February of 2019 after converting a former 1880s horse stable into a school building.
After only one year of operation, Spark was faced with Illinois’ statewide stay-at-home order and the cancellation of all classes beginning March 13, 2020. Founder, Sara Hruska needed to find a way to maintain connections with the teaching staff and the families within the Spark community. While Spark had embraced e-learning strategies, the school felt it needed to reduce the financial burden for families no longer able to send their children to in-person classes.
However, with a reduction in tuition, Spark was faced with the prospect of being unable to pay its 10 employees. Hruska turned to the PPP loan as a life preserver, and CRF delivered the help the school needed to survive until in-person classes were able to resume.