PPP Loan information for Al-furqaan foundation

$220,742

Al-furqaan foundation was initially approved for PPP Loan of amount $220,742, the current approved amount is $220,742. The loan was approved on 04/28/2020 by The Devon Bank reported 43 jobs and $220,742 was used to fund payroll.

Al-furqaan foundation is Existing or more than 2 years old

PPP Loan Search / IL / Bolingbrook / Al-furqaan foundation

AL-FURQAAN FOUNDATION

Date Approved

04/28/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

AL-FURQAAN FOUNDATION

Borrower Address

519 E. Briarcliff Rd.

Borrower City

Bolingbrook

Borrower State

IL

Borrower Zip

60440

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

220741.69

Current Approval Amount

220741.69

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20543

Servicing Lender Name

Devon Bank

Servicing Lender Address

6445 N Western Ave

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60645-5590

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bolingbrook

Project County Name

WILL

Project State

IL

Project Zip

60440-0021

CD

IL-11

Jobs Reported

43

NAICS Code

511130

Race

Asian

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

220741.69

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

20543

Originating Lender

Devon Bank

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

212046.56

Forgiveness Date

12/21/2020

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