Music Institute of Chicago

$850,400 PPP Loan in Evanston, Illinois

Loan Details

Loan Number
4173458308
Date Approved
Jan 23, 2021
Loan Status
Paid in Full
Initial Approval
$850,400
Current Approval
$850,400
Forgiveness Amount
$861,006
Forgiveness Date
Apr 27, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Music Institute of Chicago
Address
1702 Sherman Ave
ZIP Code
60201-3713
Business Type
Non-Profit Organization
Industry (NAICS)
Educational Services (611610)
Business Age
Existing or more than 2 years old
Jobs Reported
200
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Urban
Congressional District
IL-09

Loan Use Breakdown

Payroll
$850,395
Utilities
$1

Lender Information

Servicing Lender
Byline Bank
Originating Lender
Byline Bank

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