PPP Loan information for Applications research corporation

$122,134

Applications research corporation was initially approved for PPP Loan of amount $122,134, the current approved amount is $122,134. The loan was approved on 01/22/2021 by The The First National Bank and Trust Company reported 8 jobs and $122,134 was used to fund payroll.

Applications research corporation is Existing or more than 2 years old

PPP Loan Search / IL / Rockford / Applications research corporation

APPLICATIONS RESEARCH CORPORATION

Date Approved

01/22/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

APPLICATIONS RESEARCH CORPORATION

Borrower Address

1628 Temple Ln

Borrower City

Rockford

Borrower State

IL

Borrower Zip

61112-1045

Loan Status Date

09/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

122134.24

Current Approval Amount

122134.24

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75631

Servicing Lender Name

The First National Bank and Trust Company

Servicing Lender Address

345 E Grand Ave

Servicing Lender City

BELOIT

Servicing Lender State

WI

Servicing Lender Zip

53511-6226

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rockford

Project County Name

WINNEBAGO

Project State

IL

Project Zip

61112-1045

CD

IL-16

Jobs Reported

8

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

122131.24

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

75631

Originating Lender

The First National Bank and Trust Company

Originating Lender City

BELOIT

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

122795.80

Forgiveness Date

08/13/2021

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