PPP Loan information for The life center, inc.

$70,962

The life center, inc. was initially approved for PPP Loan of amount $70,962, the current approved amount is $70,962. The loan was approved on 05/01/2020 by The BMO Harris Bank National Association reported 19 jobs and $70,962 was used to fund payroll.

The life center, inc. is Existing or more than 2 years old

THE LIFE CENTER, INC.

Date Approved

05/01/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

THE LIFE CENTER, INC.

Borrower Address

825 DUNDEE AVE

Borrower City

ELGIN

Borrower State

IL

Borrower Zip

60120

Loan Status Date

10/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

70962.00

Current Approval Amount

70962.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21442

Servicing Lender Name

BMO Harris Bank National Association

Servicing Lender Address

111 W Monroe St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-4096

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ELGIN

Project County Name

COOK

Project State

IL

Project Zip

60120-0801

CD

IL-03

Jobs Reported

19

NAICS Code

624190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

70962.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

21442

Originating Lender

BMO Harris Bank National Association

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

71908.81

Forgiveness Date

09/20/2021

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