PPP Loan information for Mcdermott center

$2,964,900

Mcdermott center was initially approved for PPP Loan of amount $2,964,900, the current approved amount is $2,964,900. The loan was approved on 04/13/2020 by The Fifth Third Bank reported 297 jobs and $2,964,900 was used to fund payroll.

Mcdermott center is Existing or more than 2 years old

PPP Loan Search / IL / CHICAGO / Mcdermott center

MCDERMOTT CENTER

Date Approved

04/13/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MCDERMOTT CENTER

Borrower Address

120 N. Sangamon Street

Borrower City

CHICAGO

Borrower State

IL

Borrower Zip

60607-2202

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2964900.00

Current Approval Amount

2964900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHICAGO

Project County Name

COOK

Project State

IL

Project Zip

60607-2202

CD

IL-07

Jobs Reported

297

NAICS Code

623220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2964900.00

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

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

3000561.16

Forgiveness Date

06/29/2021

;