Old Town School of Folk Music, Inc.

$1,588,918 PPP Loan in Chicago, Illinois

Loan Details

Loan Number
9436007105
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$1,588,918
Current Approval
$1,588,918
Forgiveness Amount
$1,607,014
Forgiveness Date
Jun 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Old Town School of Folk Music, Inc.
Address
4544 N Lincoln Ave
ZIP Code
60625-2103
Business Type
Non-Profit Organization
Industry (NAICS)
Educational Services (611610)
Business Age
Existing or more than 2 years old
Jobs Reported
314
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Urban
Congressional District
IL-05

Loan Use Breakdown

Payroll
$1,588,918

Lender Information

Servicing Lender
Old National Bank
Originating Lender
First Midwest Bank, a Division of Old National Bank

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