PPP Loan information for Covenant home

$1,860,000

Covenant home was initially approved for PPP Loan of amount $1,860,000, the current approved amount is $1,860,000. The loan was approved on 04/30/2020 by The Bank of America, National Association reported 312 jobs and $1,860,000 was used to fund payroll.

Covenant home is Unanswered

COVENANT HOME

Date Approved

04/30/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

COVENANT HOME

Borrower Address

2625 TECHNY RD

Borrower City

NORTHBROOK

Borrower State

IL

Borrower Zip

60062-5995

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1860000.00

Current Approval Amount

1860000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

NORTHBROOK

Project County Name

COOK

Project State

IL

Project Zip

60062-5995

CD

IL-10

Jobs Reported

312

NAICS Code

623311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1860000.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1875389.59

Forgiveness Date

03/10/2021

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