PPP Loan information for Raue center for the arts

$127,440

Raue center for the arts was initially approved for PPP Loan of amount $127,440, the current approved amount is $127,440. The loan was approved on 03/20/2021 by The Home State Bank, National Association reported 10 jobs and $127,440 was used to fund payroll.

Raue center for the arts is Existing or more than 2 years old

RAUE CENTER FOR THE ARTS

Date Approved

03/20/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

RAUE CENTER FOR THE ARTS

Borrower Address

104 Minnie St

Borrower City

Crystal Lake

Borrower State

IL

Borrower Zip

60014-4332

Loan Status Date

10/04/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

127440.00

Current Approval Amount

127440.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21163

Servicing Lender Name

Home State Bank, National Association

Servicing Lender Address

40 Grant St

Servicing Lender City

CRYSTAL LAKE

Servicing Lender State

IL

Servicing Lender Zip

60014-4314

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Crystal Lake

Project County Name

MCHENRY

Project State

IL

Project Zip

60014-4332

CD

IL-11

Jobs Reported

10

NAICS Code

711310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

127434.00

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

21163

Originating Lender

Home State Bank, National Association

Originating Lender City

CRYSTAL LAKE

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

128494.92

Forgiveness Date

01/13/2022

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