PPP Loan information for Bayside terrace llc

$650,090

Bayside terrace llc was initially approved for PPP Loan of amount $650,090, the current approved amount is $650,090. The loan was approved on 04/15/2020 by The Lake Forest Bank & Trust Company, National Association reported 112 jobs and $650,090 was used to fund payroll.

Bayside terrace llc is Existing or more than 2 years old

PPP Loan Search / IL / WAUKEGAN / Bayside terrace llc

BAYSIDE TERRACE LLC

Date Approved

04/15/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

BAYSIDE TERRACE LLC

Borrower Address

110 S LEWIS AVE

Borrower City

WAUKEGAN

Borrower State

IL

Borrower Zip

60085-5123

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

650090.00

Current Approval Amount

650090.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117732

Servicing Lender Name

Lake Forest Bank & Trust Company, National Association

Servicing Lender Address

727 N Bank Ln

Servicing Lender City

LAKE FOREST

Servicing Lender State

IL

Servicing Lender Zip

60045-1887

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WAUKEGAN

Project County Name

LAKE

Project State

IL

Project Zip

60085-5123

CD

IL-10

Jobs Reported

112

NAICS Code

623110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

65009.00

Payroll Proceed

487567.50

Mortgage Interest Proceed

48756.75

Rent Proceed

48756.75

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

117732

Originating Lender

Lake Forest Bank & Trust Company, National Association

Originating Lender City

LAKE FOREST

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

657638.27

Forgiveness Date

06/15/2021

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