PPP Loan information for Ounce of prevention fund

$5,571,900

Ounce of prevention fund was initially approved for PPP Loan of amount $5,571,900, the current approved amount is $5,571,900. The loan was approved on 04/12/2020 by The PNC Bank, National Association reported 350 jobs and $5,571,900 was used to fund payroll.

Ounce of prevention fund is Existing or more than 2 years old

OUNCE OF PREVENTION FUND

Date Approved

04/12/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

OUNCE OF PREVENTION FUND

Borrower Address

33 W MONROE ST

Borrower City

CHICAGO

Borrower State

IL

Borrower Zip

60603-5300

Loan Status Date

02/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

5571900.00

Current Approval Amount

5571900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHICAGO

Project County Name

COOK

Project State

IL

Project Zip

60603-5300

CD

IL-07

Jobs Reported

350

NAICS Code

624190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

5571900.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

3707489.20

Forgiveness Date

11/08/2021

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