PPP Loan information for Contractors material inc.

$180,762

Contractors material inc. was initially approved for PPP Loan of amount $180,762, the current approved amount is $180,762. The loan was approved on 01/19/2021 by The Cornerstone National Bank & Trust Company reported 13 jobs and $180,762 was used to fund payroll.

Contractors material inc. is Existing or more than 2 years old

CONTRACTORS MATERIAL INC.

Date Approved

01/19/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

CONTRACTORS MATERIAL INC.

Borrower Address

2250 N Rand Rd

Borrower City

Palatine

Borrower State

IL

Borrower Zip

60074-1161

Loan Status Date

08/30/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

180762.00

Current Approval Amount

180762.00

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

Palatine

Project County Name

COOK

Project State

IL

Project Zip

60074-1161

CD

IL-08

Jobs Reported

13

NAICS Code

444190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

180759.00

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

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

183317.77

Forgiveness Date

06/22/2022

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