Senior Services Associates, Inc.

$770,000 PPP Loan in Elgin, Illinois

Loan Details

Loan Number
6712097005
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$770,000
Current Approval
$770,000
Forgiveness Amount
$780,416
Forgiveness Date
Aug 18, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Senior Services Associates, Inc.
Address
101 S Grove Ave
City
Elgin
ZIP Code
60120-6407
Business Type
Non-Profit Organization
Industry (NAICS)
Other Services (except Public Administration) (813311)
Business Age
Existing or more than 2 years old
Jobs Reported
102
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Urban
Congressional District
IL-08

Loan Use Breakdown

Payroll
$577,500
Rent
$115,500
Utilities
$77,000

Lender Information

Servicing Lender
Crystal Lake Bank & Trust Company, National Association
Originating Lender
Crystal Lake Bank & Trust Company, National Association

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