AFRICAN AMERICAN CHRISTIAN FOUNDATION (IL) - 2020 PPP Loan Borrower Profile (# 7969497900)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AFRICAN AMERICAN CHRISTIAN FOUNDATION. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Illinois.

Loan Detail

Loan Number

7969497900

SBA Office Code

0507

Processing Method

PPP

Curent Loan Amount

$39,500

Date Loan was Approved

Jun 17, 2020

Amount Forgiven

$3,949.34

Date Loan was Forgiven

Sep 29, 2021

Loan Status

Exemption 4

Loan Term

60 Months

Utilities Proced

1,000

Payroll Proced

35,000

Mortgage Interest Proceed

1,400

Rent Proceed

Refinance EIDL Proceed

Health Care Proceed

Debt Interest Proceed

2,100

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Corporation

NAICS

624190

Borrower Location

OAK PARK, IL

Project Location

OAK PARK, IL

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.