Barbara Olson Center of Hope

$429,315 PPP Loan in Rockford, Illinois

Loan Details

Loan Number
5463027108
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$429,315
Current Approval
$429,315
Forgiveness Amount
$331,838
Forgiveness Date
Nov 10, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Barbara Olson Center of Hope
Address
3206 N Central Ave
ZIP Code
61101-1756
Business Type
Non-Profit Organization
Industry (NAICS)
Health Care and Social Assistance (624310)
Business Age
Existing or more than 2 years old
Jobs Reported
63
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Urban
Congressional District
IL-16

Loan Use Breakdown

Payroll
$418,581
Utilities
$10,734

Lender Information

Servicing Lender
Midland States Bank
Originating Lender
Midland States Bank

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