PPP Loan information for Islamic institute of america

$69,854

Islamic institute of america was initially approved for PPP Loan of amount $59,133, the current approved amount is $69,854. The loan was approved on 02/06/2021 by The First Merchants Bank reported 38 jobs and $69,854 was used to fund payroll.

Islamic institute of america is Existing or more than 2 years old

ISLAMIC INSTITUTE OF AMERICA

Date Approved

02/06/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

ISLAMIC INSTITUTE OF AMERICA

Borrower Address

26305 Ford Rd

Borrower City

Dearborn Heights

Borrower State

MI

Borrower Zip

48127-2853

Loan Status Date

10/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

59133.42

Current Approval Amount

69854.39

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Dearborn Heights

Project County Name

WAYNE

Project State

MI

Project Zip

48127-2853

CD

MI-12

Jobs Reported

38

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

69854.39

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

70233.33

Forgiveness Date

09/07/2021

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