PPP Loan information for Loretto hospital

$4,885,300

Loretto hospital was initially approved for PPP Loan of amount $4,885,300, the current approved amount is $4,885,300. The loan was approved on 04/13/2020 by The Old Second National Bank reported 400 jobs and $4,885,300 was used to fund payroll.

Loretto hospital is Existing or more than 2 years old

LORETTO HOSPITAL

Date Approved

04/13/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

LORETTO HOSPITAL

Borrower Address

645 S. CENTRAL AVE

Borrower City

CHICAGO

Borrower State

IL

Borrower Zip

60644-5016

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4885300.00

Current Approval Amount

4885300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20282

Servicing Lender Name

Old Second National Bank

Servicing Lender Address

37 S River St

Servicing Lender City

AURORA

Servicing Lender State

IL

Servicing Lender Zip

60506-4173

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CHICAGO

Project County Name

COOK

Project State

IL

Project Zip

60644-0001

CD

IL-07

Jobs Reported

400

NAICS Code

622110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

141300.00

Payroll Proceed

4744000.00

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

20282

Originating Lender

Old Second National Bank

Originating Lender City

AURORA

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

4942023.76

Forgiveness Date

06/09/2021

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