PPP Loan information for Converging networks group, inc.

$93,290

Converging networks group, inc. was initially approved for PPP Loan of amount $93,290, the current approved amount is $93,290. The loan was approved on 04/07/2020 by The Peoples Bank of Kankakee County reported 7 jobs and $93,290 was used to fund payroll.

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

CONVERGING NETWORKS GROUP, INC.

Date Approved

04/07/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

CONVERGING NETWORKS GROUP, INC.

Borrower Address

143 N Schuyler Ave

Borrower City

KANKAKEE

Borrower State

IL

Borrower Zip

60901-3828

Loan Status Date

04/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

93290.00

Current Approval Amount

93290.00

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

60901-3828

CD

IL-02

Jobs Reported

7

NAICS Code

517911

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

93290.00

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

94138.56

Forgiveness Date

03/16/2021

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