PPP Loan information for Balanstar corporation

$201,948

Balanstar corporation was initially approved for PPP Loan of amount $201,948, the current approved amount is $201,948. The loan was approved on 05/20/2021 by The International Bank of Chicago reported 12 jobs and $201,948 was used to fund payroll.

Balanstar corporation is Existing or more than 2 years old

PPP Loan Search / IL / Elk Grove Village / Balanstar corporation

BALANSTAR CORPORATION

Date Approved

05/20/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

BALANSTAR CORPORATION

Borrower Address

170 Lively Blvd

Borrower City

Elk Grove Village

Borrower State

IL

Borrower Zip

60007-1621

Loan Status Date

12/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

201947.50

Current Approval Amount

201947.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117945

Servicing Lender Name

International Bank of Chicago

Servicing Lender Address

5069 N Broadway

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60640-3014

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

60007-1621

CD

IL-08

Jobs Reported

12

NAICS Code

333249

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

201945.50

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

Corporation

Originating Lender Location Id

117945

Originating Lender

International Bank of Chicago

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

203052.60

Forgiveness Date

12/22/2021

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