PPP Loan information for Chinese mutual aid association

$1,264,445

Chinese mutual aid association was initially approved for PPP Loan of amount $1,264,445, the current approved amount is $1,264,445. The loan was approved on 04/09/2020 by The Old National Bank reported 287 jobs and $1,264,445 was used to fund payroll.

Chinese mutual aid association is Existing or more than 2 years old

CHINESE MUTUAL AID ASSOCIATION

Date Approved

04/09/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

CHINESE MUTUAL AID ASSOCIATION

Borrower Address

1016 W Argyle St

Borrower City

Chicago

Borrower State

IL

Borrower Zip

60640-3715

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1264445.00

Current Approval Amount

1264445.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Chicago

Project County Name

COOK

Project State

IL

Project Zip

60640-3715

CD

IL-09

Jobs Reported

287

NAICS Code

624190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1264445.00

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

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1273822.97

Forgiveness Date

01/13/2021

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