Friendship Senior Options, Nfp

$5,742,000 PPP Loan in Schaumburg, Illinois

Loan Details

Loan Number
1567527308
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$5,742,000
Current Approval
$5,742,000
Forgiveness Amount
$5,806,757
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Friendship Senior Options, Nfp
Address
350 W Schaumburg Rd
ZIP Code
60194-3464
Business Type
Non-Profit Organization
Industry (NAICS)
Health Care and Social Assistance (624190)
Business Age
Existing or more than 2 years old
Jobs Reported
500
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Urban
Congressional District
IL-08

Loan Use Breakdown

Payroll
$4,306,500
Utilities
$717,750
Mortgage Interest
$717,750

Lender Information

Servicing Lender
Schaumburg Bank & Trust Company, National Association
Originating Lender
Schaumburg Bank & Trust Company, National Association

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