PPP Loan information for The way bank inn, inc.

$151,775

The way bank inn, inc. was initially approved for PPP Loan of amount $151,775, the current approved amount is $151,775. The loan was approved on 04/28/2020 by The Republic Bank of Chicago reported 25 jobs and $151,775 was used to fund payroll.

The way bank inn, inc. is Unanswered

THE WAY BANK INN, INC.

Date Approved

04/28/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

THE WAY BANK INN, INC.

Borrower Address

104 Oak St.

Borrower City

MAYWOOD

Borrower State

IL

Borrower Zip

60153

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

151775.00

Current Approval Amount

151775.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21059

Servicing Lender Name

Republic Bank of Chicago

Servicing Lender Address

2221 Camden Court

Servicing Lender City

OAK BROOK

Servicing Lender State

IL

Servicing Lender Zip

60523-1273

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

MAYWOOD

Project County Name

COOK

Project State

IL

Project Zip

60153-0001

CD

IL-07

Jobs Reported

25

NAICS Code

623220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

151775.00

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

21059

Originating Lender

Republic Bank of Chicago

Originating Lender City

OAK BROOK

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

152834.15

Forgiveness Date

01/25/2021

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