PPP Loan information for Downers grove economic development corporation

$61,498

Downers grove economic development corporation was initially approved for PPP Loan of amount $61,498, the current approved amount is $61,498. The loan was approved on 04/24/2021 by The Hinsdale Bank & Trust Company, National Association reported 3 jobs and $61,498 was used to fund payroll.

Downers grove economic development corporation is Existing or more than 2 years old

PPP Loan Search / IL / Downers Grove / Downers grove economic development corporation

DOWNERS GROVE ECONOMIC DEVELOPMENT CORPORATION

Date Approved

04/24/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

DOWNERS GROVE ECONOMIC DEVELOPMENT CORPORATION

Borrower Address

5159 Mochel Dr

Borrower City

Downers Grove

Borrower State

IL

Borrower Zip

60515-5065

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

61498.00

Current Approval Amount

61498.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

118813

Servicing Lender Name

Hinsdale Bank & Trust Company, National Association

Servicing Lender Address

25 E First St

Servicing Lender City

HINSDALE

Servicing Lender State

IL

Servicing Lender Zip

60521-7825

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Downers Grove

Project County Name

DUPAGE

Project State

IL

Project Zip

60515-5065

CD

IL-06

Jobs Reported

3

NAICS Code

926110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

61497.00

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

118813

Originating Lender

Hinsdale Bank & Trust Company, National Association

Originating Lender City

HINSDALE

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

61706.41

Forgiveness Date

08/31/2021

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