PPP Loan information for Chicago welding & fabrication corporation

$159,500

Chicago welding & fabrication corporation was initially approved for PPP Loan of amount $159,500, the current approved amount is $159,500. The loan was approved on 04/07/2020 by The Cornerstone National Bank & Trust Company reported 11 jobs and $159,500 was used to fund payroll.

Chicago welding & fabrication corporation is Existing or more than 2 years old

PPP Loan Search / IL / ELK GROVE VILLAGE / Chicago welding & fabrication corporation

CHICAGO WELDING & FABRICATION CORPORATION

Date Approved

04/07/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

CHICAGO WELDING & FABRICATION CORPORATION

Borrower Address

991 Oakton Street

Borrower City

ELK GROVE VILLAGE

Borrower State

IL

Borrower Zip

60007

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

159500.00

Current Approval Amount

159500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203014

Servicing Lender Name

Cornerstone National Bank & Trust Company

Servicing Lender Address

One W Northwest Hwy

Servicing Lender City

PALATINE

Servicing Lender State

IL

Servicing Lender Zip

60067-3570

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELK GROVE VILLAGE

Project County Name

COOK

Project State

IL

Project Zip

60007-1000

CD

IL-08

Jobs Reported

11

NAICS Code

331491

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

7975.00

Payroll Proceed

127600.00

Mortgage Interest Proceed

3988.00

Rent Proceed

15950.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

3987

Business Type

Corporation

Originating Lender Location Id

203014

Originating Lender

Cornerstone National Bank & Trust Company

Originating Lender City

PALATINE

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

161414.00

Forgiveness Date

06/22/2021

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