PPP Loan information for Ability rehab, llc

$951,792

Ability rehab, llc was initially approved for PPP Loan of amount $951,792, the current approved amount is $951,792. The loan was approved on 04/10/2020 by The Midland States Bank reported 76 jobs and $951,792 was used to fund payroll.

Ability rehab, llc is New Business or 2 years or less

ABILITY REHAB, LLC

Date Approved

04/10/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

ABILITY REHAB, LLC

Borrower Address

640 N River Road

Borrower City

NAPERVILLE

Borrower State

IL

Borrower Zip

60563-8940

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

951792.00

Current Approval Amount

951792.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21299

Servicing Lender Name

Midland States Bank

Servicing Lender Address

110 S. 5th St

Servicing Lender City

EFFINGHAM

Servicing Lender State

IL

Servicing Lender Zip

62401-2453

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

NAPERVILLE

Project County Name

DUPAGE

Project State

IL

Project Zip

60563-8940

CD

IL-11

Jobs Reported

76

NAICS Code

621340

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1792.00

Payroll Proceed

950000.00

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

21299

Originating Lender

Midland States Bank

Originating Lender City

EFFINGHAM

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

962587.67

Forgiveness Date

06/09/2021

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