PPP Loan information for Embers academy

$156,400

Embers academy was initially approved for PPP Loan of amount $156,400, the current approved amount is $156,400. The loan was approved on 04/03/2020 by The Time Bank reported 22 jobs and $156,400 was used to fund payroll.

Embers academy is Existing or more than 2 years old

EMBERS ACADEMY

Date Approved

04/03/2020

SBA Office Code

0507

Processing Method

PPP

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

24

SBA Guaranty Percentage

100

Initial Approval Amount

156400.00

Current Approval Amount

156400.00

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

22

NAICS Code

611110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

124400.00

Mortgage Interest Proceed

0.00

Rent Proceed

32000.00

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

158424.51

Forgiveness Date

07/26/2021

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