PPP Loan information for American olean midwest, llc

$704,100

American olean midwest, llc was initially approved for PPP Loan of amount $704,100, the current approved amount is $704,100. The loan was approved on 04/06/2020 by The Cornerstone National Bank & Trust Company reported 53 jobs and $704,100 was used to fund payroll.

American olean midwest, llc is Existing or more than 2 years old

AMERICAN OLEAN MIDWEST, LLC

Date Approved

04/06/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

AMERICAN OLEAN MIDWEST, LLC

Borrower Address

805 MARK ST

Borrower City

ELK GROVE VILLAGE

Borrower State

IL

Borrower Zip

60007-6705

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

704100.00

Current Approval Amount

704100.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

ELK GROVE VILLAGE

Project County Name

DUPAGE

Project State

IL

Project Zip

60007-6705

CD

IL-08

Jobs Reported

53

NAICS Code

423320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

35205.00

Payroll Proceed

563280.00

Mortgage Interest Proceed

0.00

Rent Proceed

70410.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

35205

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

203014

Originating Lender

Cornerstone National Bank & Trust Company

Originating Lender City

PALATINE

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

709967.50

Forgiveness Date

02/09/2021

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