PPP Loan information for Cement masons' union local no. 502

$440,085

Cement masons' union local no. 502 was initially approved for PPP Loan of amount $440,085, the current approved amount is $440,085. The loan was approved on 04/01/2021 by The Amalgamated Bank of Chicago reported 31 jobs and $440,085 was used to fund payroll.

Cement masons' union local no. 502 is Existing or more than 2 years old

CEMENT MASONS' UNION LOCAL NO. 502

Date Approved

04/01/2021

SBA Office Code

0507

Processing Method

PPP

Borrower Name

CEMENT MASONS' UNION LOCAL NO. 502

Borrower Address

739 25th Ave

Borrower City

Bellwood

Borrower State

IL

Borrower Zip

60104-1954

Loan Status Date

05/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

440084.67

Current Approval Amount

440084.67

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20494

Servicing Lender Name

Amalgamated Bank of Chicago

Servicing Lender Address

30 N LaSalle St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60602-2590

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Bellwood

Project County Name

COOK

Project State

IL

Project Zip

60104-1954

CD

IL-07

Jobs Reported

31

NAICS Code

813930

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

440084.67

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

Non-Profit Organization

Originating Lender Location Id

20494

Originating Lender

Amalgamated Bank of Chicago

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

442845.15

Forgiveness Date

11/26/2021

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