PPP Loan information for Darussalam foundation

$236,300

Darussalam foundation was initially approved for PPP Loan of amount $236,300, the current approved amount is $236,300. The loan was approved on 04/27/2020 by The Farmers State Bank of Alto Pass, Illinois reported 48 jobs and $236,300 was used to fund payroll.

Darussalam foundation is Existing or more than 2 years old

PPP Loan Search / IL / Lombard / Darussalam foundation

DARUSSALAM FOUNDATION

Date Approved

04/27/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

DARUSSALAM FOUNDATION

Borrower Address

21W525 North Ave

Borrower City

Lombard

Borrower State

IL

Borrower Zip

60148

Loan Status Date

06/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

236300.00

Current Approval Amount

236300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20214

Servicing Lender Name

Farmers State Bank of Alto Pass, Illinois

Servicing Lender Address

55 N Elm St

Servicing Lender City

ALTO PASS

Servicing Lender State

IL

Servicing Lender Zip

62905-2034

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lombard

Project County Name

DUPAGE

Project State

IL

Project Zip

60148-0001

CD

IL-06

Jobs Reported

48

NAICS Code

813110

Race

Asian

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

236300.00

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

20214

Originating Lender

Farmers State Bank of Alto Pass, Illinois

Originating Lender City

ALTO PASS

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

238714.79

Forgiveness Date

05/17/2021

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