PPP Loan information for Elgin academy

$757,889

Elgin academy was initially approved for PPP Loan of amount $757,889, the current approved amount is $757,889. The loan was approved on 04/10/2020 by The First American Bank reported 83 jobs and $757,889 was used to fund payroll.

Elgin academy is Existing or more than 2 years old

PPP Loan Search / IL / ELGIN / Elgin academy

ELGIN ACADEMY

Date Approved

04/10/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

ELGIN ACADEMY

Borrower Address

350 Park St.

Borrower City

ELGIN

Borrower State

IL

Borrower Zip

60120-4455

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

757889.00

Current Approval Amount

757889.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21238

Servicing Lender Name

First American Bank

Servicing Lender Address

700 Busse Rd

Servicing Lender City

ELK GROVE VILLAGE

Servicing Lender State

IL

Servicing Lender Zip

60007-2137

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ELGIN

Project County Name

KANE

Project State

IL

Project Zip

60120-4455

CD

IL-08

Jobs Reported

83

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

757889.00

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

21238

Originating Lender

First American Bank

Originating Lender City

ELK GROVE VILLAGE

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

764331.06

Forgiveness Date

02/17/2021

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