AIDS FOUNDATION OF CHICAGO (IL) - 2020 PPP Loan Borrower Profile (# 4097547203)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AIDS FOUNDATION OF CHICAGO. 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

4097547203

SBA Office Code

0507

Processing Method

PPP

Curent Loan Amount

$1,627,865

Date Loan was Approved

Apr 27, 2020

Amount Forgiven

$1,641,747.07

Date Loan was Forgiven

Mar 3, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

27,865

Payroll Proced

1,400,000

Rent Proceed

200,000

Lender

First Foundation Bank

Business Detail

Business Type

Non-Profit Organization

NAICS

813910

Borrower Location

CHICAGO, IL

Project Location

CHICAGO, IL

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

119

Business Age Description

Existing or more than 2 years old

Data Source: SBA.