PPP Loan information for Elgin skilled nursing facility, llc

$787,400

Elgin skilled nursing facility, llc was initially approved for PPP Loan of amount $787,400, the current approved amount is $787,400. The loan was approved on 05/22/2020 by The Lake Forest Bank & Trust Company, National Association reported 88 jobs and $787,400 was used to fund payroll.

Elgin skilled nursing facility, llc is New Business or 2 years or less

ELGIN SKILLED NURSING FACILITY, LLC

Date Approved

05/22/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

ELGIN SKILLED NURSING FACILITY, LLC

Borrower Address

1950 Larkin Ave

Borrower City

ELGIN

Borrower State

IL

Borrower Zip

60123-5843

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

787400.00

Current Approval Amount

787400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117732

Servicing Lender Name

Lake Forest Bank & Trust Company, National Association

Servicing Lender Address

727 N Bank Ln

Servicing Lender City

LAKE FOREST

Servicing Lender State

IL

Servicing Lender Zip

60045-1887

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

ELGIN

Project County Name

KANE

Project State

IL

Project Zip

60123-5843

CD

IL-08

Jobs Reported

88

NAICS Code

623110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

787400.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

117732

Originating Lender

Lake Forest Bank & Trust Company, National Association

Originating Lender City

LAKE FOREST

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

795645.83

Forgiveness Date

06/11/2021

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