PPP Loan information for Communication zone inc

$765,500

Communication zone inc was initially approved for PPP Loan of amount $765,500, the current approved amount is $765,500. The loan was approved on 04/08/2020 by The Itasca Bank & Trust Co. reported 32 jobs and $765,500 was used to fund payroll.

Communication zone inc is Existing or more than 2 years old

PPP Loan Search / IL / SCHAUMBURG / Communication zone inc

COMMUNICATION ZONE INC

Date Approved

04/08/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

COMMUNICATION ZONE INC

Borrower Address

735 W LUNT AVE

Borrower City

SCHAUMBURG

Borrower State

IL

Borrower Zip

60193-4412

Loan Status Date

06/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

765500.00

Current Approval Amount

765500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21562

Servicing Lender Name

Itasca Bank & Trust Co.

Servicing Lender Address

308 W Irving Park Rd

Servicing Lender City

ITASCA

Servicing Lender State

IL

Servicing Lender Zip

60143-2038

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SCHAUMBURG

Project County Name

COOK

Project State

IL

Project Zip

60193-4412

CD

IL-08

Jobs Reported

32

NAICS Code

238210

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

12237.00

Payroll Proceed

727263.00

Mortgage Interest Proceed

0.00

Rent Proceed

26000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

21562

Originating Lender

Itasca Bank & Trust Co.

Originating Lender City

ITASCA

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

773792.92

Forgiveness Date

05/13/2021

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