PPP Loan information for Beaconridge improvement association

$68,500

Beaconridge improvement association was initially approved for PPP Loan of amount $68,500, the current approved amount is $68,500. The loan was approved on 07/31/2020 by The Itasca Bank & Trust Co. reported 10 jobs and $68,500 was used to fund payroll.

Beaconridge improvement association is Existing or more than 2 years old

BEACONRIDGE IMPROVEMENT ASSOCIATION

Date Approved

07/31/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

BEACONRIDGE IMPROVEMENT ASSOCIATION

Borrower Address

220 BOUGHTON RD

Borrower City

BOLINGBROOK

Borrower State

IL

Borrower Zip

60440-2995

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

68500.00

Current Approval Amount

68500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21562

Servicing Lender Name

Itasca Bank & Trust Co.

Servicing Lender Address

308 W Irving Park Rd

Servicing Lender City

ITASCA

Servicing Lender State

IL

Servicing Lender Zip

60143-2038

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BOLINGBROOK

Project County Name

WILL

Project State

IL

Project Zip

60440-2995

CD

IL-11

Jobs Reported

10

NAICS Code

813990

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

68500.00

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

21562

Originating Lender

Itasca Bank & Trust Co.

Originating Lender City

ITASCA

Originating Lender State

IL

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

68882.46

Forgiveness Date

02/25/2021

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