PPP Loan information for Compact industries inc.

$949,300

Compact industries inc. was initially approved for PPP Loan of amount $949,300, the current approved amount is $949,300. The loan was approved on 04/05/2020 by The Village Bank and Trust, National Association reported 105 jobs and $949,300 was used to fund payroll.

Compact industries inc. is Existing or more than 2 years old

COMPACT INDUSTRIES INC.

Date Approved

04/05/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

COMPACT INDUSTRIES INC.

Borrower Address

OHIO AVE

Borrower City

SAINT CHARLES

Borrower State

IL

Borrower Zip

60174-2954

Loan Status Date

07/02/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

949300.00

Current Approval Amount

949300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119325

Servicing Lender Name

Village Bank and Trust, National Association

Servicing Lender Address

234 W Northwest Hwy

Servicing Lender City

ARLINGTON HEIGHTS

Servicing Lender State

IL

Servicing Lender Zip

60004-5934

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAINT CHARLES

Project County Name

KANE

Project State

IL

Project Zip

60174-2954

CD

IL-08

Jobs Reported

105

NAICS Code

561910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

59308.00

Payroll Proceed

711993.00

Mortgage Interest Proceed

0.00

Rent Proceed

59333.00

Refinance EIDL Proceed

0.00

Health Care Proceed

59333.00

Debt Interest Proceed

59333

Business Type

Corporation

Originating Lender Location Id

119325

Originating Lender

Village Bank and Trust, National Association

Originating Lender City

ARLINGTON HEIGHTS

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

954600.26

Forgiveness Date

11/03/2020

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