PPP Loan information for Black and sons construction inc

$207,500

Black and sons construction inc was initially approved for PPP Loan of amount $207,500, the current approved amount is $207,500. The loan was approved on 04/03/2020 by The Community First Bank of the Heartland reported 28 jobs and $207,500 was used to fund payroll.

Black and sons construction inc is Existing or more than 2 years old

BLACK AND SONS CONSTRUCTION INC

Date Approved

04/03/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

BLACK AND SONS CONSTRUCTION INC

Borrower Address

915 S. 13th Street

Borrower City

MOUNT VERNON

Borrower State

IL

Borrower Zip

62864-4818

Loan Status Date

12/09/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

207500.00

Current Approval Amount

207500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22874

Servicing Lender Name

Community First Bank of the Heartland

Servicing Lender Address

117 N 10th St

Servicing Lender City

MOUNT VERNON

Servicing Lender State

IL

Servicing Lender Zip

62864-4018

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MOUNT VERNON

Project County Name

JEFFERSON

Project State

IL

Project Zip

62864-4818

CD

IL-12

Jobs Reported

28

NAICS Code

236220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4000.00

Payroll Proceed

203500.00

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

22874

Originating Lender

Community First Bank of the Heartland

Originating Lender City

MOUNT VERNON

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

198619.17

Forgiveness Date

11/05/2020

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