PPP Loan information for American grading inc.

$523,200

American grading inc. was initially approved for PPP Loan of amount $523,200, the current approved amount is $523,200. The loan was approved on 01/26/2021 by The Union National Bank reported 15 jobs and $523,200 was used to fund payroll.

American grading inc. is Existing or more than 2 years old

PPP Loan Search / IL / Schaumburg / American grading inc.

AMERICAN GRADING INC.

Date Approved

01/26/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

AMERICAN GRADING INC.

Borrower Address

1345 Wiley Rd

Borrower City

Schaumburg

Borrower State

IL

Borrower Zip

60173-4381

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

523200.00

Current Approval Amount

523200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21320

Servicing Lender Name

Union National Bank

Servicing Lender Address

101 E Chicago St

Servicing Lender City

ELGIN

Servicing Lender State

IL

Servicing Lender Zip

60120-5583

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

60173-4381

CD

IL-08

Jobs Reported

15

NAICS Code

561730

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

523195.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

21320

Originating Lender

Union National Bank

Originating Lender City

ELGIN

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

528315.73

Forgiveness Date

01/21/2022

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