PPP Loan information for Compensation strategies inc

$138,500

Compensation strategies inc was initially approved for PPP Loan of amount $138,500, the current approved amount is $138,500. The loan was approved on 04/10/2020 by The BMO Harris Bank National Association reported 6 jobs and $138,500 was used to fund payroll.

Compensation strategies inc is Existing or more than 2 years old

COMPENSATION STRATEGIES INC

Date Approved

04/10/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

COMPENSATION STRATEGIES INC

Borrower Address

2201 WAUKEGAN RD STE 100

Borrower City

BANNOCKBURN

Borrower State

IL

Borrower Zip

60015-1501

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

138500.00

Current Approval Amount

138500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21442

Servicing Lender Name

BMO Harris Bank National Association

Servicing Lender Address

111 W Monroe St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-4096

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BANNOCKBURN

Project County Name

LAKE

Project State

IL

Project Zip

60015-1501

CD

IL-10

Jobs Reported

6

NAICS Code

541611

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

138500.00

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

Subchapter S Corporation

Originating Lender Location Id

21442

Originating Lender

BMO Harris Bank National Association

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

139782.55

Forgiveness Date

03/25/2021

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