PPP Loan information for Contel, inc.

$412,500

Contel, inc. was initially approved for PPP Loan of amount $412,500, the current approved amount is $412,500. The loan was approved on 04/05/2020 by The St. Charles Bank & Trust Company, National Association reported 40 jobs and $412,500 was used to fund payroll.

Contel, inc. is Existing or more than 2 years old

CONTEL, INC.

Date Approved

04/05/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

CONTEL, INC.

Borrower Address

3830 OHIO AVE

Borrower City

SAINT CHARLES

Borrower State

IL

Borrower Zip

60174-5462

Loan Status Date

06/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

412500.00

Current Approval Amount

412500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

111865

Servicing Lender Name

St. Charles Bank & Trust Company, National Association

Servicing Lender Address

411 W Main St

Servicing Lender City

SAINT CHARLES

Servicing Lender State

IL

Servicing Lender Zip

60174-1815

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

60174-5462

CD

IL-08

Jobs Reported

40

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

51562.50

Payroll Proceed

309375.00

Mortgage Interest Proceed

0.00

Rent Proceed

51562.50

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

111865

Originating Lender

St. Charles Bank & Trust Company, National Association

Originating Lender City

SAINT CHARLES

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

414803.12

Forgiveness Date

11/03/2020

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