PPP Loan information for Associated heating group inc

$332,100

Associated heating group inc was initially approved for PPP Loan of amount $332,100, the current approved amount is $332,100. The loan was approved on 04/08/2020 by The Itasca Bank & Trust Co. reported 24 jobs and $332,100 was used to fund payroll.

Associated heating group inc is Existing or more than 2 years old

PPP Loan Search / IL / ELK GROVE VILLAGE / Associated heating group inc

ASSOCIATED HEATING GROUP INC

Date Approved

04/08/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

ASSOCIATED HEATING GROUP INC

Borrower Address

945 TONNE RD

Borrower City

ELK GROVE VILLAGE

Borrower State

IL

Borrower Zip

60007-4710

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

332100.00

Current Approval Amount

332100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21562

Servicing Lender Name

Itasca Bank & Trust Co.

Servicing Lender Address

308 W Irving Park Rd

Servicing Lender City

ITASCA

Servicing Lender State

IL

Servicing Lender Zip

60143-2038

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

60007-4710

CD

IL-03

Jobs Reported

24

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3509.00

Payroll Proceed

249088.50

Mortgage Interest Proceed

0.00

Rent Proceed

79502.50

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

21562

Originating Lender

Itasca Bank & Trust Co.

Originating Lender City

ITASCA

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

334683.00

Forgiveness Date

01/25/2021

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