PPP Loan information for Contractors material, inc.

$180,700

Contractors material, inc. was initially approved for PPP Loan of amount $180,700, the current approved amount is $180,700. The loan was approved on 04/13/2020 by The Cornerstone National Bank & Trust Company reported 14 jobs and $180,700 was used to fund payroll.

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

PPP Loan Search / IL / PALATINE / Contractors material, inc.

CONTRACTORS MATERIAL, INC.

Date Approved

04/13/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

CONTRACTORS MATERIAL, INC.

Borrower Address

2250 N. Rand Road

Borrower City

PALATINE

Borrower State

IL

Borrower Zip

60074-1161

Loan Status Date

06/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

180700.00

Current Approval Amount

180700.00

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

14

NAICS Code

444190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

144560.00

Mortgage Interest Proceed

9035.00

Rent Proceed

18070.00

Refinance EIDL Proceed

0.00

Health Care Proceed

9035.00

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

182692.72

Forgiveness Date

05/25/2021

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