PPP Loan information for Memory care communities illinois - decatur

$223,200

Memory care communities illinois - decatur was initially approved for PPP Loan of amount $223,200, the current approved amount is $223,200. The loan was approved on 04/13/2020 by The Resource Bank, National Association reported 35 jobs and $223,200 was used to fund payroll.

Memory care communities illinois - decatur is Existing or more than 2 years old

MEMORY CARE COMMUNITIES ILLINOIS - DECATUR

Date Approved

04/13/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MEMORY CARE COMMUNITIES ILLINOIS - DECATUR

Borrower Address

1215 ARBOR DR

Borrower City

DECATUR

Borrower State

IL

Borrower Zip

62526-9282

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

223200.00

Current Approval Amount

223200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21856

Servicing Lender Name

Resource Bank, National Association

Servicing Lender Address

555 Bethany Rd

Servicing Lender City

DEKALB

Servicing Lender State

IL

Servicing Lender Zip

60115-4941

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DECATUR

Project County Name

MACON

Project State

IL

Project Zip

62526-9282

CD

IL-15

Jobs Reported

35

NAICS Code

621310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

10740.00

Payroll Proceed

185460.00

Mortgage Interest Proceed

27000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

21856

Originating Lender

Resource Bank, National Association

Originating Lender City

DEKALB

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

224483.40

Forgiveness Date

11/12/2020

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