PPP Loan information for Cadence inc

$398,600

Cadence inc was initially approved for PPP Loan of amount $300,600, the current approved amount is $398,600. The loan was approved on 01/19/2021 by The American Community Bank & Trust reported 16 jobs and $398,600 was used to fund payroll.

Cadence inc is Existing or more than 2 years old

CADENCE INC

Date Approved

01/19/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

CADENCE INC

Borrower Address

1 Messner Dr

Borrower City

Wheeling

Borrower State

IL

Borrower Zip

60090-6447

Loan Status Date

11/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

300600.00

Current Approval Amount

398600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124396

Servicing Lender Name

American Community Bank & Trust

Servicing Lender Address

1290 Lake Ave

Servicing Lender City

WOODSTOCK

Servicing Lender State

IL

Servicing Lender Zip

60098-7415

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Wheeling

Project County Name

COOK

Project State

IL

Project Zip

60090-6447

CD

IL-10

Jobs Reported

16

NAICS Code

561920

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

398595.00

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

124396

Originating Lender

American Community Bank & Trust

Originating Lender City

WOODSTOCK

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

401434.49

Forgiveness Date

10/27/2021

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