PPP Loan information for Best brains, inc.

$117,900

Best brains, inc. was initially approved for PPP Loan of amount $117,900, the current approved amount is $117,900. The loan was approved on 04/15/2020 by The Itasca Bank & Trust Co. reported 20 jobs and $117,900 was used to fund payroll.

Best brains, inc. is Existing or more than 2 years old

PPP Loan Search / IL / ARLINGTON HEIGHTS / Best brains, inc.

BEST BRAINS, INC.

Date Approved

04/15/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

BEST BRAINS, INC.

Borrower Address

135 e ALGONQUIN RD

Borrower City

ARLINGTON HEIGHTS

Borrower State

IL

Borrower Zip

60005-5322

Loan Status Date

06/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

117900.00

Current Approval Amount

117900.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

ARLINGTON HEIGHTS

Project County Name

COOK

Project State

IL

Project Zip

60005-5322

CD

IL-08

Jobs Reported

20

NAICS Code

611691

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

7000.00

Payroll Proceed

88900.00

Mortgage Interest Proceed

0.00

Rent Proceed

22000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

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

118931.62

Forgiveness Date

03/05/2021

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