PPP Loan information for Algus packaging, inc.

$1,087,000

Algus packaging, inc. was initially approved for PPP Loan of amount $1,087,000, the current approved amount is $1,087,000. The loan was approved on 04/28/2020 by The Resource Bank, National Association reported 110 jobs and $1,087,000 was used to fund payroll.

Algus packaging, inc. is Unanswered

PPP Loan Search / IL / DEKALB / Algus packaging, inc.

ALGUS PACKAGING, INC.

Date Approved

04/28/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

ALGUS PACKAGING, INC.

Borrower Address

200 N. Peace Road

Borrower City

DEKALB

Borrower State

IL

Borrower Zip

60115-9500

Loan Status Date

05/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1087000.00

Current Approval Amount

1087000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21856

Servicing Lender Name

Resource Bank, National Association

Servicing Lender Address

555 Bethany Rd

Servicing Lender City

DEKALB

Servicing Lender State

IL

Servicing Lender Zip

60115-4941

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

DEKALB

Project County Name

DEKALB

Project State

IL

Project Zip

60115-9500

CD

IL-14

Jobs Reported

110

NAICS Code

326199

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

60000.00

Payroll Proceed

919000.00

Mortgage Interest Proceed

0.00

Rent Proceed

90000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

18000

Business Type

Subchapter S Corporation

Originating Lender Location Id

21856

Originating Lender

Resource Bank, National Association

Originating Lender City

DEKALB

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1097749.22

Forgiveness Date

04/23/2021

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