PPP Loan information for Westminster presbyterian church of elgin

$410,494

Westminster presbyterian church of elgin was initially approved for PPP Loan of amount $602,200, the current approved amount is $410,494. The loan was approved on 04/05/2020 by The Village Bank and Trust, National Association reported 49 jobs and $410,494 was used to fund payroll.

Westminster presbyterian church of elgin is Existing or more than 2 years old

WESTMINSTER PRESBYTERIAN CHURCH OF ELGIN

Date Approved

04/05/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

WESTMINSTER PRESBYTERIAN CHURCH OF ELGIN

Borrower Address

2700 HIGHLAND AVE

Borrower City

ELGIN

Borrower State

IL

Borrower Zip

60124-7948

Loan Status Date

08/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

602200.00

Current Approval Amount

410494.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119325

Servicing Lender Name

Village Bank and Trust, National Association

Servicing Lender Address

234 W Northwest Hwy

Servicing Lender City

ARLINGTON HEIGHTS

Servicing Lender State

IL

Servicing Lender Zip

60004-5934

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELGIN

Project County Name

KANE

Project State

IL

Project Zip

60124-7948

CD

IL-08

Jobs Reported

49

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

41049.40

Payroll Proceed

307870.50

Mortgage Interest Proceed

0.00

Rent Proceed

61574.10

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

119325

Originating Lender

Village Bank and Trust, National Association

Originating Lender City

ARLINGTON HEIGHTS

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

413321.85

Forgiveness Date

12/21/2020

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