PPP Loan information for Hesed house

$376,300

Hesed house was initially approved for PPP Loan of amount $376,300, the current approved amount is $376,300. The loan was approved on 04/27/2020 by The Old Second National Bank reported 48 jobs and $376,300 was used to fund payroll.

Hesed house is Existing or more than 2 years old

HESED HOUSE

Date Approved

04/27/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

HESED HOUSE

Borrower Address

659 S. RIVER ST

Borrower City

AURORA

Borrower State

IL

Borrower Zip

60506-5551

Loan Status Date

05/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

376300.00

Current Approval Amount

376300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20282

Servicing Lender Name

Old Second National Bank

Servicing Lender Address

37 S River St

Servicing Lender City

AURORA

Servicing Lender State

IL

Servicing Lender Zip

60506-4173

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

AURORA

Project County Name

KANE

Project State

IL

Project Zip

60506-5551

CD

IL-11

Jobs Reported

48

NAICS Code

624221

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

21400.00

Payroll Proceed

354900.00

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

20282

Originating Lender

Old Second National Bank

Originating Lender City

AURORA

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

368599.55

Forgiveness Date

12/14/2020

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