PPP Loan information for Rehabilitation associates of the midwest, s.c.

$380,400

Rehabilitation associates of the midwest, s.c. was initially approved for PPP Loan of amount $380,400, the current approved amount is $380,400. The loan was approved on 04/08/2020 by The Cornerstone National Bank & Trust Company reported 25 jobs and $380,400 was used to fund payroll.

Rehabilitation associates of the midwest, s.c. is Existing or more than 2 years old

REHABILITATION ASSOCIATES OF THE MIDWEST, S.C.

Date Approved

04/08/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

REHABILITATION ASSOCIATES OF THE MIDWEST, S.C.

Borrower Address

909 E. PALATINE RD

Borrower City

PALATINE

Borrower State

IL

Borrower Zip

60074-5551

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

380400.00

Current Approval Amount

380400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203014

Servicing Lender Name

Cornerstone National Bank & Trust Company

Servicing Lender Address

One W Northwest Hwy

Servicing Lender City

PALATINE

Servicing Lender State

IL

Servicing Lender Zip

60067-3570

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PALATINE

Project County Name

COOK

Project State

IL

Project Zip

60074-5551

CD

IL-05

Jobs Reported

25

NAICS Code

622310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

19020.00

Payroll Proceed

304320.00

Mortgage Interest Proceed

19020.00

Rent Proceed

38040.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

203014

Originating Lender

Cornerstone National Bank & Trust Company

Originating Lender City

PALATINE

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

382703.53

Forgiveness Date

11/23/2020

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