Greater Elgin Family Care Center

$2,970,900 PPP Loan in Elgin, Illinois

Loan Details

Loan Number
5165377001
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$2,970,900
Current Approval
$2,970,900
Forgiveness Amount
$3,017,279
Forgiveness Date
Nov 1, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Greater Elgin Family Care Center
Address
370 Summit St
City
Elgin
ZIP Code
60120-3759
Business Type
Non-Profit Organization
Industry (NAICS)
Health Care and Social Assistance (621491)
Business Age
Existing or more than 2 years old
Jobs Reported
273
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Urban
Congressional District
IL-08

Loan Use Breakdown

Payroll
$2,228,175
Utilities
$371,363
Mortgage Interest
$371,363

Lender Information

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

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