PPP Loan information for Embers academy

$177,522

Embers academy was initially approved for PPP Loan of amount $177,522, the current approved amount is $177,522. The loan was approved on 01/17/2021 by The Time Bank reported 25 jobs and $177,522 was used to fund payroll.

Embers academy is Existing or more than 2 years old

EMBERS ACADEMY

Date Approved

01/17/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

EMBERS ACADEMY

Borrower Address

8340 N Greenwood Ave

Borrower City

Niles

Borrower State

IL

Borrower Zip

60714-2350

Loan Status Date

03/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

177522.00

Current Approval Amount

177522.00

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

Niles

Project County Name

COOK

Project State

IL

Project Zip

60714-2350

CD

IL-09

Jobs Reported

25

NAICS Code

611110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

177519.00

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

119627

Originating Lender

Time Bank

Originating Lender City

PARK RIDGE

Originating Lender State

IL

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

178868.21

Forgiveness Date

10/26/2021

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