PPP Loan information for Science and arts academy

$893,386

Science and arts academy was initially approved for PPP Loan of amount $893,386, the current approved amount is $893,386. The loan was approved on 01/20/2021 by The Old National Bank reported 64 jobs and $893,386 was used to fund payroll.

Science and arts academy is Existing or more than 2 years old

PPP Loan Search / IL / Des Plaines / Science and arts academy

SCIENCE AND ARTS ACADEMY

Date Approved

01/20/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

SCIENCE AND ARTS ACADEMY

Borrower Address

1825 Miner St

Borrower City

Des Plaines

Borrower State

IL

Borrower Zip

60016-4778

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

893386.00

Current Approval Amount

893386.25

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Des Plaines

Project County Name

COOK

Project State

IL

Project Zip

60016-4778

CD

IL-05

Jobs Reported

64

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

893382.25

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

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

897406.49

Forgiveness Date

07/02/2021

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