PPP Loan information for Best institutional supply co.

$174,100

Best institutional supply co. was initially approved for PPP Loan of amount $175,000, the current approved amount is $174,100. The loan was approved on 04/07/2020 by The Byline Bank reported 14 jobs and $174,100 was used to fund payroll.

Best institutional supply co. is Existing or more than 2 years old

BEST INSTITUTIONAL SUPPLY CO.

Date Approved

04/07/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

BEST INSTITUTIONAL SUPPLY CO.

Borrower Address

15 N 9th Ave

Borrower City

MAYWOOD

Borrower State

IL

Borrower Zip

60153-1180

Loan Status Date

06/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

175000.00

Current Approval Amount

174100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21023

Servicing Lender Name

Byline Bank

Servicing Lender Address

180 N LaSalle St, Ste 300

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60601-3110

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MAYWOOD

Project County Name

COOK

Project State

IL

Project Zip

60153-1180

CD

IL-04

Jobs Reported

14

NAICS Code

423850

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

174100.00

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

21023

Originating Lender

Byline Bank

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

175971.58

Forgiveness Date

05/17/2021

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