PPP Loan information for Edc inc. the economic development council for the peoria are

$114,695

Edc inc. the economic development council for the peoria are was initially approved for PPP Loan of amount $114,695, the current approved amount is $114,695. The loan was approved on 02/03/2021 by The Morton Community Bank reported 13 jobs and $114,695 was used to fund payroll.

Edc inc. the economic development council for the peoria are is Existing or more than 2 years old

EDC INC. THE ECONOMIC DEVELOPMENT COUNCIL FOR THE PEORIA ARE

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

114695.00

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

IL

Servicing Lender Zip

61550-1537

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Peoria

Project County Name

PEORIA

Project State

IL

Project Zip

61603-3725

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

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

22097

Originating Lender

Morton Community Bank

Originating Lender City

MORTON

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

115322.64

Forgiveness Date

08/20/2021

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