PPP Loan information for Northridge preparatory school inc

$665,100

Northridge preparatory school inc was initially approved for PPP Loan of amount $686,700, the current approved amount is $665,100. The loan was approved on 04/03/2020 by The Time Bank reported 43 jobs and $665,100 was used to fund payroll.

Northridge preparatory school inc is Existing or more than 2 years old

PPP Loan Search / IL / NILES / Northridge preparatory school inc

NORTHRIDGE PREPARATORY SCHOOL INC

Date Approved

04/03/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

NORTHRIDGE PREPARATORY SCHOOL INC

Borrower Address

8320 Ballard Rd

Borrower City

NILES

Borrower State

IL

Borrower Zip

60714-1533

Loan Status Date

03/08/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

686700.00

Current Approval Amount

665100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119627

Servicing Lender Name

Time Bank

Servicing Lender Address

626 Talcott Rd

Servicing Lender City

PARK RIDGE

Servicing Lender State

IL

Servicing Lender Zip

60068-4721

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NILES

Project County Name

COOK

Project State

IL

Project Zip

60714-1533

CD

IL-09

Jobs Reported

43

NAICS Code

611110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4000.00

Payroll Proceed

652600.00

Mortgage Interest Proceed

8500.00

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

119627

Originating Lender

Time Bank

Originating Lender City

PARK RIDGE

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

670919.62

Forgiveness Date

02/23/2021

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