DANFORTH, IL
As part of the Paycheck Protection Program LUTHERAN HOME FOR AGED DEVELOPMENT CORPORATION was approved for a loan.
The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.
| Loan Amount | $1,160,262 |
| BusinessName | LUTHERAN HOME FOR AGED DEVELOPMENT CORPORATION |
| Address | 403 N 4th Street |
| City | DANFORTH |
| State | IL |
| Zip | 60930 |
| NAICSCode | 623110 |
| BusinessType | Non-Profit Organization |
| RaceEthnicity | Unanswered |
| Gender | Unanswered |
| Veteran | Unanswered |
| NonProfit | Y |
| JobsReported | 195 |
| DateApproved | 04/08/2020 |
| Lender | Midwest Bank |
| CD | IL-16 |
| BusinessName.clean | LUTHERAN HOME FOR AGED DEVELOPMENT |
The data come from a release of over 5 million records by the SBA in November, 2020.
Entities affected by Coronavirus (COVID-19) may have been eligible, including:
More info about the PPP is available from the Small Business Administration.
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