Brethren Home

$989,720 PPP Loan in Mount Morris, Illinois

Loan Details

Loan Number
1078187105
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$989,720
Current Approval
$989,720
Forgiveness Amount
$995,332
Forgiveness Date
Feb 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Brethren Home
Address
414 S Wesley Av
ZIP Code
61054-1428
Business Type
Corporation
Industry (NAICS)
Health Care and Social Assistance (623311)
Business Age
Existing or more than 2 years old
Jobs Reported
221
Estimated Revenue
$37.6M
Rural/Urban
Rural
Congressional District
IL-16

Loan Use Breakdown

Payroll
$980,000
Utilities
$9,720

Lender Information

Servicing Lender
Midland States Bank
Originating Lender
Midland States Bank

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