PPP Loan information for Converging networks group inc.

$130,894

Converging networks group inc. was initially approved for PPP Loan of amount $130,894, the current approved amount is $130,894. The loan was approved on 01/19/2021 by The Peoples Bank of Kankakee County reported 12 jobs and $130,894 was used to fund payroll.

Converging networks group inc. is Existing or more than 2 years old

PPP Loan Search / IL / Kankakee / Converging networks group inc.

CONVERGING NETWORKS GROUP INC.

Date Approved

01/19/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

CONVERGING NETWORKS GROUP INC.

Borrower Address

143 N Schuyler Ave

Borrower City

Kankakee

Borrower State

IL

Borrower Zip

60901-3888

Loan Status Date

11/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

130894.00

Current Approval Amount

130894.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21603

Servicing Lender Name

Peoples Bank of Kankakee County

Servicing Lender Address

315 Main St NW

Servicing Lender City

BOURBONNAIS

Servicing Lender State

IL

Servicing Lender Zip

60914-2428

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Kankakee

Project County Name

KANKAKEE

Project State

IL

Project Zip

60901-3888

CD

IL-02

Jobs Reported

12

NAICS Code

541512

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

130892.00

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

21603

Originating Lender

Peoples Bank of Kankakee County

Originating Lender City

BOURBONNAIS

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

131905.29

Forgiveness Date

10/29/2021

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