PPP Loan information for American digital corporation

$518,400

American digital corporation was initially approved for PPP Loan of amount $518,400, the current approved amount is $518,400. The loan was approved on 04/06/2020 by The Northbrook Bank & Trust Company, National Association reported 26 jobs and $518,400 was used to fund payroll.

American digital corporation is Existing or more than 2 years old

AMERICAN DIGITAL CORPORATION

Date Approved

04/06/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

AMERICAN DIGITAL CORPORATION

Borrower Address

25 NW Point Blvd Suite 200

Borrower City

ELK GROVE VILLAGE

Borrower State

IL

Borrower Zip

60007-1003

Loan Status Date

06/03/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

518400.00

Current Approval Amount

518400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203722

Servicing Lender Name

Northbrook Bank & Trust Company, National Association

Servicing Lender Address

1100 Waukegan Rd

Servicing Lender City

NORTHBROOK

Servicing Lender State

IL

Servicing Lender Zip

60062-4663

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELK GROVE VILLAGE

Project County Name

COOK

Project State

IL

Project Zip

60007-1003

CD

IL-08

Jobs Reported

26

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

64800.00

Payroll Proceed

388800.00

Mortgage Interest Proceed

0.00

Rent Proceed

64800.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

203722

Originating Lender

Northbrook Bank & Trust Company, National Association

Originating Lender City

NORTHBROOK

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

521265.60

Forgiveness Date

11/03/2020

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