Urban Initiatives, Inc.

$625,240 PPP Loan in Chicago, Illinois

Loan Details

Loan Number
7695687007
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$625,240
Current Approval
$625,240
Forgiveness Amount
$633,924
Forgiveness Date
Aug 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Urban Initiatives, Inc.
Address
650 West Lake Street Suite 340
ZIP Code
60661-1000
Business Type
Non-Profit Organization
Industry (NAICS)
Educational Services (611620)
Business Age
Existing or more than 2 years old
Jobs Reported
103
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Urban
Congressional District
IL-07

Loan Use Breakdown

Payroll
$500,192
Rent
$125,048

Lender Information

Servicing Lender
Wintrust Bank, National Association
Originating Lender
Wintrust Bank, National Association

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