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
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
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
COOK
Project State
Project Zip
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
Rent Proceed
24800.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Female Owned
Veteran
Non Profit
Forgiveness Amount
114655.89
Forgiveness Date
11/12/2020