PPP Loan information for Islamic institute of america

$73,070

Islamic institute of america was initially approved for PPP Loan of amount $73,070, the current approved amount is $73,070. The loan was approved on 04/30/2020 by The First Merchants Bank reported 28 jobs and $73,070 was used to fund payroll.

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

ISLAMIC INSTITUTE OF AMERICA

Date Approved

04/30/2020

SBA Office Code

0515

Processing Method

PPP

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

08/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

73070.00

Current Approval Amount

73070.00

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

28

NAICS Code

541720

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

73070.00

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

73958.85

Forgiveness Date

07/26/2021

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