PPP Loan information for Algonquin acquisition co., inc.

$334,100

Algonquin acquisition co., inc. was initially approved for PPP Loan of amount $334,100, the current approved amount is $334,100. The loan was approved on 04/08/2020 by The Cornerstone National Bank & Trust Company reported 17 jobs and $334,100 was used to fund payroll.

Algonquin acquisition co., inc. is Existing or more than 2 years old

PPP Loan Search / IL / SCHAUMBURG / Algonquin acquisition co., inc.

ALGONQUIN ACQUISITION CO., INC.

Date Approved

04/08/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

ALGONQUIN ACQUISITION CO., INC.

Borrower Address

1900 E GOLF RD Suite 600

Borrower City

SCHAUMBURG

Borrower State

IL

Borrower Zip

60173-5006

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

334100.00

Current Approval Amount

334100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203014

Servicing Lender Name

Cornerstone National Bank & Trust Company

Servicing Lender Address

One W Northwest Hwy

Servicing Lender City

PALATINE

Servicing Lender State

IL

Servicing Lender Zip

60067-3570

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SCHAUMBURG

Project County Name

COOK

Project State

IL

Project Zip

60173-5006

CD

IL-08

Jobs Reported

17

NAICS Code

541513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

16705.00

Payroll Proceed

267280.00

Mortgage Interest Proceed

0.00

Rent Proceed

33410.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

16705

Business Type

Subchapter S Corporation

Originating Lender Location Id

203014

Originating Lender

Cornerstone National Bank & Trust Company

Originating Lender City

PALATINE

Originating Lender State

IL

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

326359.70

Forgiveness Date

12/23/2020

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