Fairhaven Christian Retirement Center

$1,612,407 PPP Loan in Rockford, Illinois

Loan Details

Loan Number
1090777108
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$1,612,407
Current Approval
$1,612,407
Forgiveness Amount
$1,621,198
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Fairhaven Christian Retirement Center
Address
3470 N Alpine Rd
ZIP Code
61114-4802
Business Type
Non-Profit Organization
Industry (NAICS)
Health Care and Social Assistance (623312)
Business Age
Existing or more than 2 years old
Jobs Reported
270
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Urban
Congressional District
IL-17

Loan Use Breakdown

Payroll
$1,610,000
Utilities
$2,407

Lender Information

Servicing Lender
Midland States Bank
Originating Lender
Midland States Bank

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