PPP Loan information for Willows academy

$480,350

Willows academy was initially approved for PPP Loan of amount $480,350, the current approved amount is $480,350. The loan was approved on 01/17/2021 by The Time Bank reported 44 jobs and $480,350 was used to fund payroll.

Willows academy is Existing or more than 2 years old

WILLOWS ACADEMY

Date Approved

01/17/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

WILLOWS ACADEMY

Borrower Address

1015 Rose Ave

Borrower City

Des Plaines

Borrower State

IL

Borrower Zip

60016-3345

Loan Status Date

03/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

480350.00

Current Approval Amount

480350.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119627

Servicing Lender Name

Time Bank

Servicing Lender Address

626 Talcott Rd

Servicing Lender City

PARK RIDGE

Servicing Lender State

IL

Servicing Lender Zip

60068-4721

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

60016-3345

CD

IL-08

Jobs Reported

44

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

480350.00

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

119627

Originating Lender

Time Bank

Originating Lender City

PARK RIDGE

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

483432.25

Forgiveness Date

09/13/2021

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