PPP Loan information for Barbara olson center of hope

$429,315

Barbara olson center of hope was initially approved for PPP Loan of amount $429,315, the current approved amount is $429,315. The loan was approved on 04/13/2020 by The Midland States Bank reported 63 jobs and $429,315 was used to fund payroll.

Barbara olson center of hope is Existing or more than 2 years old

BARBARA OLSON CENTER OF HOPE

Date Approved

04/13/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

BARBARA OLSON CENTER OF HOPE

Borrower Address

3206 N CENTRAL AVE

Borrower City

ROCKFORD

Borrower State

IL

Borrower Zip

61101-1756

Loan Status Date

05/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

429315.00

Current Approval Amount

429315.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21299

Servicing Lender Name

Midland States Bank

Servicing Lender Address

110 S. 5th St

Servicing Lender City

EFFINGHAM

Servicing Lender State

IL

Servicing Lender Zip

62401-2453

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCKFORD

Project County Name

WINNEBAGO

Project State

IL

Project Zip

61101-1756

CD

IL-16

Jobs Reported

63

NAICS Code

624310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

10734.00

Payroll Proceed

418581.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

21299

Originating Lender

Midland States Bank

Originating Lender City

EFFINGHAM

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

331838.32

Forgiveness Date

11/10/2020

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