American Library Association

$4,213,035 PPP Loan in Chicago, Illinois

Loan Details

Loan Number
1648977109
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$4,213,035
Current Approval
$4,213,035
Forgiveness Amount
$4,264,071
Forgiveness Date
Jun 30, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
American Library Association
Address
50 E Huron Street 0.0
ZIP Code
60611-2795
Business Type
Non-Profit Organization
Industry (NAICS)
Other Services (except Public Administration) (813920)
Business Age
Existing or more than 2 years old
Jobs Reported
247
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Urban
Congressional District
IL-05

Loan Use Breakdown

Payroll
$2,996,035
Rent
$100,000
Utilities
$104,000
Health Care
$938,000
Mortgage Interest
$27,000
Debt Interest
$48,000

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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