Generations at Elmwood Park, Inc.

$1,684,606 PPP Loan in Elmwood Park, Illinois

Loan Details

Loan Number
9269817103
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$1,684,606
Current Approval
$1,684,606
Forgiveness Amount
$1,707,255
Forgiveness Date
Aug 23, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Generations at Elmwood Park, Inc.
Address
7733 West Grand Ave
ZIP Code
60707-1820
Business Type
Subchapter S Corporation
Industry (NAICS)
Health Care and Social Assistance (623110)
Business Age
Existing or more than 2 years old
Jobs Reported
182
Estimated Revenue
$31.0M
Rural/Urban
Urban
Congressional District
IL-03

Loan Use Breakdown

Payroll
$1,263,455
Utilities
$168,461
Mortgage Interest
$252,691

Lender Information

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

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