PPP Loan information for The observer

$90,100

The observer was initially approved for PPP Loan of amount $90,100, the current approved amount is $90,100. The loan was approved on 04/13/2020 by The American Community Bank & Trust reported 7 jobs and $90,100 was used to fund payroll.

The observer is Existing or more than 2 years old

PPP Loan Search / IL / ROCKFORD / The observer

THE OBSERVER

Date Approved

04/13/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

THE OBSERVER

Borrower Address

555 COLMAN CENTER DRIVE

Borrower City

ROCKFORD

Borrower State

IL

Borrower Zip

61108-2705

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

90100.00

Current Approval Amount

90100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124396

Servicing Lender Name

American Community Bank & Trust

Servicing Lender Address

1290 Lake Ave

Servicing Lender City

WOODSTOCK

Servicing Lender State

IL

Servicing Lender Zip

60098-7415

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCKFORD

Project County Name

WINNEBAGO

Project State

IL

Project Zip

61108-2705

CD

IL-16

Jobs Reported

7

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

90100.00

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

124396

Originating Lender

American Community Bank & Trust

Originating Lender City

WOODSTOCK

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

90875.86

Forgiveness Date

03/01/2021

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