PPP Loan information for Contractors equipment rentals, inc.

$162,300

Contractors equipment rentals, inc. was initially approved for PPP Loan of amount $162,300, the current approved amount is $162,300. The loan was approved on 04/04/2020 by The Community Bank of Elmhurst reported 18 jobs and $162,300 was used to fund payroll.

Contractors equipment rentals, inc. is Existing or more than 2 years old

CONTRACTORS EQUIPMENT RENTALS, INC.

Date Approved

04/04/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

CONTRACTORS EQUIPMENT RENTALS, INC.

Borrower Address

1021 S. State Route 83

Borrower City

ELMHURST

Borrower State

IL

Borrower Zip

60126-4966

Loan Status Date

01/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

162300.00

Current Approval Amount

162300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

118126

Servicing Lender Name

Community Bank of Elmhurst

Servicing Lender Address

330 W Butterfield Rd

Servicing Lender City

ELMHURST

Servicing Lender State

IL

Servicing Lender Zip

60126-5009

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELMHURST

Project County Name

DUPAGE

Project State

IL

Project Zip

60126-4966

CD

IL-06

Jobs Reported

18

NAICS Code

811310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

20287.50

Payroll Proceed

121725.00

Mortgage Interest Proceed

0.00

Rent Proceed

20287.50

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

118126

Originating Lender

Community Bank of Elmhurst

Originating Lender City

ELMHURST

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

163420.54

Forgiveness Date

12/22/2020

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