PPP Loan information for Cornerstone evangelical free church

$40,000

Cornerstone evangelical free church was initially approved for PPP Loan of amount $40,000, the current approved amount is $40,000. The loan was approved on 04/15/2020 by The Busey Bank reported 5 jobs and $40,000 was used to fund payroll.

Cornerstone evangelical free church is Existing or more than 2 years old

CORNERSTONE EVANGELICAL FREE CHURCH

Date Approved

04/15/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

CORNERSTONE EVANGELICAL FREE CHURCH

Borrower Address

2 Shermer Road

Borrower City

Glenview

Borrower State

IL

Borrower Zip

60025-4938

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40000.00

Current Approval Amount

40000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22749

Servicing Lender Name

Busey Bank

Servicing Lender Address

100 W University Ave

Servicing Lender City

CHAMPAIGN

Servicing Lender State

IL

Servicing Lender Zip

61820-3910

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Glenview

Project County Name

COOK

Project State

IL

Project Zip

60025-4938

CD

IL-09

Jobs Reported

5

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

40000.00

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

22749

Originating Lender

Busey Bank

Originating Lender City

CHAMPAIGN

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

40340.00

Forgiveness Date

02/17/2021

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