PPP Loan information for The ivy academy of early learning

$124,000

The ivy academy of early learning was initially approved for PPP Loan of amount $124,000, the current approved amount is $124,000. The loan was approved on 04/07/2020 by The Sterling Bank reported 22 jobs and $124,000 was used to fund payroll.

The ivy academy of early learning is Existing or more than 2 years old

THE IVY ACADEMY OF EARLY LEARNING

Date Approved

04/07/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

THE IVY ACADEMY OF EARLY LEARNING

Borrower Address

545 Hiawatha Drive

Borrower City

ELGIN

Borrower State

IL

Borrower Zip

60120-4022

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

124000.00

Current Approval Amount

124000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

467149

Servicing Lender Name

Sterling Bank

Servicing Lender Address

1100 Sterling Dr

Servicing Lender City

POPLAR BLUFF

Servicing Lender State

MO

Servicing Lender Zip

63901-2755

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

COOK

Project State

IL

Project Zip

60120-4022

CD

IL-03

Jobs Reported

22

NAICS Code

624410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6200.00

Payroll Proceed

93000.00

Mortgage Interest Proceed

0.00

Rent Proceed

24800.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

467149

Originating Lender

Sterling Bank

Originating Lender City

POPLAR BLUFF

Originating Lender State

MO

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

114655.89

Forgiveness Date

11/12/2020

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