PPP Loan information for Midwest elite gymnastics academy

$116,980

Midwest elite gymnastics academy was initially approved for PPP Loan of amount $116,980, the current approved amount is $116,980. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 32 jobs and $116,980 was used to fund payroll.

Midwest elite gymnastics academy is Existing or more than 2 years old

PPP Loan Search / IL / ELGIN / Midwest elite gymnastics academy

MIDWEST ELITE GYMNASTICS ACADEMY

Date Approved

05/01/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MIDWEST ELITE GYMNASTICS ACADEMY

Borrower Address

410 AIRPORT RD UNIT A

Borrower City

ELGIN

Borrower State

IL

Borrower Zip

60123

Loan Status Date

04/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

116980.00

Current Approval Amount

116980.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELGIN

Project County Name

KANE

Project State

IL

Project Zip

60123-0300

CD

IL-08

Jobs Reported

32

NAICS Code

611620

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3000.00

Payroll Proceed

87980.00

Mortgage Interest Proceed

0.00

Rent Proceed

26000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

118021.32

Forgiveness Date

03/25/2021

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