PPP Loan information for Greater elgin family care center

$2,970,900

Greater elgin family care center was initially approved for PPP Loan of amount $2,970,900, the current approved amount is $2,970,900. The loan was approved on 04/05/2020 by The Schaumburg Bank & Trust Company, National Association reported 273 jobs and $2,970,900 was used to fund payroll.

Greater elgin family care center is Existing or more than 2 years old

PPP Loan Search / IL / ELGIN / Greater elgin family care center

GREATER ELGIN FAMILY CARE CENTER

Date Approved

04/05/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

GREATER ELGIN FAMILY CARE CENTER

Borrower Address

370 SUMMIT ST

Borrower City

ELGIN

Borrower State

IL

Borrower Zip

60120-3759

Loan Status Date

12/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2970900.00

Current Approval Amount

2970900.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ELGIN

Project County Name

KANE

Project State

IL

Project Zip

60120-3759

CD

IL-08

Jobs Reported

273

NAICS Code

621491

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

371362.50

Payroll Proceed

2228175.00

Mortgage Interest Proceed

371362.50

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

3017279.05

Forgiveness Date

11/01/2021

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