PPP Loan information for Concept industries inc.

$324,627

Concept industries inc. was initially approved for PPP Loan of amount $324,627, the current approved amount is $324,627. The loan was approved on 02/10/2021 by The Cornerstone National Bank & Trust Company reported 18 jobs and $324,627 was used to fund payroll.

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

CONCEPT INDUSTRIES INC.

Date Approved

02/10/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

CONCEPT INDUSTRIES INC.

Borrower Address

199 Gaylord St

Borrower City

Elk Grove Village

Borrower State

IL

Borrower Zip

60007-1106

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

324627.00

Current Approval Amount

324627.00

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

60007-1106

CD

IL-08

Jobs Reported

18

NAICS Code

332322

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

324624.00

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

203014

Originating Lender

Cornerstone National Bank & Trust Company

Originating Lender City

PALATINE

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

326646.90

Forgiveness Date

09/27/2021

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