PPP Loan information for South side office of concern

$309,800

South side office of concern was initially approved for PPP Loan of amount $309,800, the current approved amount is $309,800. The loan was approved on 04/09/2020 by The Morton Community Bank reported 44 jobs and $309,800 was used to fund payroll.

South side office of concern is Existing or more than 2 years old

SOUTH SIDE OFFICE OF CONCERN

Date Approved

04/09/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

SOUTH SIDE OFFICE OF CONCERN

Borrower Address

202 NE MADISON AVE

Borrower City

PEORIA

Borrower State

IL

Borrower Zip

61602-1216

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

309800.00

Current Approval Amount

309800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22097

Servicing Lender Name

Morton Community Bank

Servicing Lender Address

721 W Jackson St

Servicing Lender City

MORTON

Servicing Lender State

IL

Servicing Lender Zip

61550-1537

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PEORIA

Project County Name

PEORIA

Project State

IL

Project Zip

61602-1216

CD

IL-17

Jobs Reported

44

NAICS Code

624221

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

309800.00

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

22097

Originating Lender

Morton Community Bank

Originating Lender City

MORTON

Originating Lender State

IL

Gender

Female Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

311891.15

Forgiveness Date

12/17/2020

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