Date Approved
02/03/2021
SBA Office Code
0507
Processing Method
PPP
Borrower Name
EDC INC. THE ECONOMIC DEVELOPMENT COUNCIL FOR THE PEORIA ARE
Borrower Address
401 NE Jefferson Ave
Borrower City
Peoria
Borrower State
IL
Borrower Zip
61603-3725
Loan Status Date
09/15/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
114695.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
22097
Servicing Lender Name
Morton Community Bank
Servicing Lender Address
721 W Jackson St
Servicing Lender City
MORTON
Servicing Lender State
Servicing Lender Zip
61550-1537
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
PEORIA
Project State
Project Zip
CD
IL-17
Jobs Reported
13
NAICS Code
541690
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
1.00
Payroll Proceed
114693.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non Profit
Forgiveness Amount
115322.64
Forgiveness Date
08/20/2021