PPP Loan information for Creative children's academy

$551,071

Creative children's academy was initially approved for PPP Loan of amount $551,071, the current approved amount is $551,071. The loan was approved on 04/08/2020 by The First American Bank reported 71 jobs and $551,071 was used to fund payroll.

Creative children's academy is Existing or more than 2 years old

PPP Loan Search / IL / PALATINE / Creative children's academy

CREATIVE CHILDREN'S ACADEMY

Date Approved

04/08/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

CREATIVE CHILDREN'S ACADEMY

Borrower Address

500 N. Benton

Borrower City

PALATINE

Borrower State

IL

Borrower Zip

60067

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

551071.00

Current Approval Amount

551071.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21238

Servicing Lender Name

First American Bank

Servicing Lender Address

700 Busse Rd

Servicing Lender City

ELK GROVE VILLAGE

Servicing Lender State

IL

Servicing Lender Zip

60007-2137

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PALATINE

Project County Name

COOK

Project State

IL

Project Zip

60067-0200

CD

IL-05

Jobs Reported

71

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

551071.00

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

21238

Originating Lender

First American Bank

Originating Lender City

ELK GROVE VILLAGE

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

555142.80

Forgiveness Date

01/13/2021

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