PPP Loan information for Blac inc

$1,376,200

Blac inc was initially approved for PPP Loan of amount $1,376,200, the current approved amount is $1,376,200. The loan was approved on 02/26/2021 by The BMO Harris Bank National Association reported 73 jobs and $1,376,200 was used to fund payroll.

Blac inc is Existing or more than 2 years old

BLAC INC

Date Approved

02/26/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

BLAC INC

Borrower Address

195 W Spangler Ave

Borrower City

Elmhurst

Borrower State

IL

Borrower Zip

60126-1505

Loan Status Date

02/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1376200.00

Current Approval Amount

1376200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21442

Servicing Lender Name

BMO Harris Bank National Association

Servicing Lender Address

111 W Monroe St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-4096

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Elmhurst

Project County Name

DUPAGE

Project State

IL

Project Zip

60126-1505

CD

IL-06

Jobs Reported

73

NAICS Code

333995

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1376194.00

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

21442

Originating Lender

BMO Harris Bank National Association

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1387511.23

Forgiveness Date

01/04/2022

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