PPP Loan information for 7 layer solutions inc.

$440,605

7 layer solutions inc. was initially approved for PPP Loan of amount $440,605, the current approved amount is $440,605. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 350 jobs and $440,605 was used to fund payroll.

7 layer solutions inc. is Existing or more than 2 years old

PPP Loan Search / IL / SCHAUMBURG / 7 layer solutions inc.

7 LAYER SOLUTIONS INC.

Date Approved

05/01/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

7 LAYER SOLUTIONS INC.

Borrower Address

10A W SCHAUMBURG RD

Borrower City

SCHAUMBURG

Borrower State

IL

Borrower Zip

60194

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

440605.00

Current Approval Amount

440605.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SCHAUMBURG

Project County Name

COOK

Project State

IL

Project Zip

60194-1108

CD

IL-08

Jobs Reported

350

NAICS Code

541512

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

365605.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

75000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

443795.47

Forgiveness Date

01/25/2021

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