PPP Loan information for Heart of the city

$82,900

Heart of the city was initially approved for PPP Loan of amount $82,900, the current approved amount is $82,900. The loan was approved on 04/15/2020 by The Lake Forest Bank & Trust Company, National Association reported 11 jobs and $82,900 was used to fund payroll.

Heart of the city is Existing or more than 2 years old

HEART OF THE CITY

Date Approved

04/15/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

HEART OF THE CITY

Borrower Address

114 s. genesee street

Borrower City

WAUKEGAN

Borrower State

IL

Borrower Zip

60085

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

82900.00

Current Approval Amount

82900.00

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

Existing or more than 2 years old

Project City

WAUKEGAN

Project County Name

LAKE

Project State

IL

Project Zip

60085-0302

CD

IL-10

Jobs Reported

11

NAICS Code

813219

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

82900.00

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

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

Y

Forgiveness Amount

83542.47

Forgiveness Date

01/27/2021

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