Lutheran Home for Aged Development Corporation

$1,160,262 PPP Loan in Danforth, Illinois

Loan Details

Loan Number
8633917003
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$1,160,262
Current Approval
$1,160,262
Forgiveness Amount
$1,172,896
Forgiveness Date
May 17, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Lutheran Home for Aged Development Corporation
Address
403 N 4th Street
ZIP Code
60930-5800
Business Type
Non-Profit Organization
Industry (NAICS)
Health Care and Social Assistance (623110)
Business Age
Existing or more than 2 years old
Jobs Reported
195
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Rural
Congressional District
IL-02

Loan Use Breakdown

Payroll
$1,160,262

Lender Information

Servicing Lender
First Trust Bank of Illinois
Originating Lender
Midwest Bank

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