PPP Loan information for Continental painting & decorat

$1,892,700

Continental painting & decorat was initially approved for PPP Loan of amount $1,892,700, the current approved amount is $1,892,700. The loan was approved on 04/08/2020 by The Wintrust Bank, National Association reported 76 jobs and $1,892,700 was used to fund payroll.

Continental painting & decorat is Existing or more than 2 years old

CONTINENTAL PAINTING & DECORAT

Date Approved

04/08/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

CONTINENTAL PAINTING & DECORAT

Borrower Address

2255 S. Wabash

Borrower City

CHICAGO

Borrower State

IL

Borrower Zip

60616

Loan Status Date

06/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1892700.00

Current Approval Amount

1892700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119179

Servicing Lender Name

Wintrust Bank, National Association

Servicing Lender Address

231 S LaSalle St, 13th Fl

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60604-1471

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHICAGO

Project County Name

COOK

Project State

IL

Project Zip

60616-0001

CD

IL-07

Jobs Reported

76

NAICS Code

237310

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

189270.00

Payroll Proceed

1419525.00

Mortgage Interest Proceed

0.00

Rent Proceed

283905.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

119179

Originating Lender

Wintrust Bank, National Association

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1913467.12

Forgiveness Date

05/21/2021

;