PPP Loan information for Center of concern

$108,000

Center of concern was initially approved for PPP Loan of amount $108,000, the current approved amount is $108,000. The loan was approved on 04/05/2020 by The Time Bank reported 14 jobs and $108,000 was used to fund payroll.

Center of concern is Existing or more than 2 years old

CENTER OF CONCERN

Date Approved

04/05/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

CENTER OF CONCERN

Borrower Address

1665 ELK BLVD

Borrower City

DES PLAINES

Borrower State

IL

Borrower Zip

60016-4721

Loan Status Date

03/08/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

108000.00

Current Approval Amount

108000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119627

Servicing Lender Name

Time Bank

Servicing Lender Address

626 Talcott Rd

Servicing Lender City

PARK RIDGE

Servicing Lender State

IL

Servicing Lender Zip

60068-4721

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DES PLAINES

Project County Name

COOK

Project State

IL

Project Zip

60016-4721

CD

IL-05

Jobs Reported

14

NAICS Code

624190

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

700.00

Payroll Proceed

100700.00

Mortgage Interest Proceed

0.00

Rent Proceed

6600.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

119627

Originating Lender

Time Bank

Originating Lender City

PARK RIDGE

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

108951.00

Forgiveness Date

03/01/2021

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