PPP Loan information for Bact process systems inc.

$149,600

Bact process systems inc. was initially approved for PPP Loan of amount $149,600, the current approved amount is $149,600. The loan was approved on 02/17/2021 by The Cornerstone National Bank & Trust Company reported 8 jobs and $149,600 was used to fund payroll.

Bact process systems inc. is Existing or more than 2 years old

BACT PROCESS SYSTEMS INC.

Date Approved

02/17/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

BACT PROCESS SYSTEMS INC.

Borrower Address

3345 N Arlington Heights Rd Ste B

Borrower City

Arlington Heights

Borrower State

IL

Borrower Zip

60004-1591

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

149600.00

Current Approval Amount

149600.00

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

Arlington Heights

Project County Name

COOK

Project State

IL

Project Zip

60004-1591

CD

IL-05

Jobs Reported

8

NAICS Code

333413

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

149598.00

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

203014

Originating Lender

Cornerstone National Bank & Trust Company

Originating Lender City

PALATINE

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

150198.40

Forgiveness Date

07/14/2021

;