PPP Loan information for Bancnet inc

$38,000

Bancnet inc was initially approved for PPP Loan of amount $38,000, the current approved amount is $38,000. The loan was approved on 02/27/2021 by The Union National Bank reported 2 jobs and $38,000 was used to fund payroll.

Bancnet inc is Existing or more than 2 years old

PPP Loan Search / IL / Park Ridge / Bancnet inc

BANCNET INC

Date Approved

02/27/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

BANCNET INC

Borrower Address

344 Lake Ave

Borrower City

Park Ridge

Borrower State

IL

Borrower Zip

60068-4124

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

38000.00

Current Approval Amount

38000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21320

Servicing Lender Name

Union National Bank

Servicing Lender Address

101 E Chicago St

Servicing Lender City

ELGIN

Servicing Lender State

IL

Servicing Lender Zip

60120-5583

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Park Ridge

Project County Name

COOK

Project State

IL

Project Zip

60068-4124

CD

IL-05

Jobs Reported

2

NAICS Code

523999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

37997.00

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

Corporation

Originating Lender Location Id

21320

Originating Lender

Union National Bank

Originating Lender City

ELGIN

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

38191.06

Forgiveness Date

09/01/2021

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