PPP Loan information for Willows academy

$475,900

Willows academy was initially approved for PPP Loan of amount $480,300, the current approved amount is $475,900. The loan was approved on 04/03/2020 by The Time Bank reported 44 jobs and $475,900 was used to fund payroll.

Willows academy is Existing or more than 2 years old

PPP Loan Search / IL / DES PLAINES / Willows academy

WILLOWS ACADEMY

Date Approved

04/03/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

WILLOWS ACADEMY

Borrower Address

1015 Rose Avenue

Borrower City

DES PLAINES

Borrower State

IL

Borrower Zip

60016-3345

Loan Status Date

03/08/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

480300.00

Current Approval Amount

475900.00

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

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

17000.00

Payroll Proceed

431900.00

Mortgage Interest Proceed

27000.00

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

Female Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

468527.16

Forgiveness Date

11/03/2020

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