PPP Loan information for Institute of islamic education

$65,418

Institute of islamic education was initially approved for PPP Loan of amount $65,418, the current approved amount is $65,418. The loan was approved on 01/27/2021 by The Devon Bank reported 18 jobs and $65,418 was used to fund payroll.

Institute of islamic education is Existing or more than 2 years old

INSTITUTE OF ISLAMIC EDUCATION

Date Approved

01/27/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

INSTITUTE OF ISLAMIC EDUCATION

Borrower Address

1280 Bluff City Blvd

Borrower City

Elgin

Borrower State

IL

Borrower Zip

60120-7593

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

65417.50

Current Approval Amount

65417.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20543

Servicing Lender Name

Devon Bank

Servicing Lender Address

6445 N Western Ave

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60645-5590

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Elgin

Project County Name

COOK

Project State

IL

Project Zip

60120-7593

CD

IL-03

Jobs Reported

18

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

65416.50

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

20543

Originating Lender

Devon Bank

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

65707.85

Forgiveness Date

07/16/2021

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