PPP Loan information for The university group

$338,100

The university group was initially approved for PPP Loan of amount $338,100, the current approved amount is $338,100. The loan was approved on 04/10/2020 by The Morton Community Bank reported 33 jobs and $338,100 was used to fund payroll.

The university group is Existing or more than 2 years old

THE UNIVERSITY GROUP

Date Approved

04/10/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

THE UNIVERSITY GROUP

Borrower Address

308 S 1ST ST

Borrower City

CHAMPAIGN

Borrower State

IL

Borrower Zip

61820-4122

Loan Status Date

05/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

338100.00

Current Approval Amount

338100.00

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

CHAMPAIGN

Project County Name

CHAMPAIGN

Project State

IL

Project Zip

61820-4122

CD

IL-13

Jobs Reported

33

NAICS Code

531110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

338100.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

22097

Originating Lender

Morton Community Bank

Originating Lender City

MORTON

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

341358.91

Forgiveness Date

03/31/2021

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