PPP Loan information for Friendship senior options, nfp

$5,742,000

Friendship senior options, nfp was initially approved for PPP Loan of amount $5,742,000, the current approved amount is $5,742,000. The loan was approved on 04/28/2020 by The Schaumburg Bank & Trust Company, National Association reported 500 jobs and $5,742,000 was used to fund payroll.

Friendship senior options, nfp is Existing or more than 2 years old

FRIENDSHIP SENIOR OPTIONS, NFP

Date Approved

04/28/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

FRIENDSHIP SENIOR OPTIONS, NFP

Borrower Address

350 W SCHAUMBURG RD

Borrower City

SCHAUMBURG

Borrower State

IL

Borrower Zip

60194-3464

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5742000.00

Current Approval Amount

5742000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

222507

Servicing Lender Name

Schaumburg Bank & Trust Company, National Association

Servicing Lender Address

1180 E Higgins Rd

Servicing Lender City

SCHAUMBURG

Servicing Lender State

IL

Servicing Lender Zip

60173-4709

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SCHAUMBURG

Project County Name

COOK

Project State

IL

Project Zip

60194-3464

CD

IL-08

Jobs Reported

500

NAICS Code

624190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

717750.00

Payroll Proceed

4306500.00

Mortgage Interest Proceed

717750.00

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

222507

Originating Lender

Schaumburg Bank & Trust Company, National Association

Originating Lender City

SCHAUMBURG

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

5806757.00

Forgiveness Date

06/11/2021

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