PPP Loan information for Cooling equipment service inc

$772,856

Cooling equipment service inc was initially approved for PPP Loan of amount $772,856, the current approved amount is $772,856. The loan was approved on 04/27/2020 by The First Secure Community Bank reported 40 jobs and $772,856 was used to fund payroll.

Cooling equipment service inc is Existing or more than 2 years old

COOLING EQUIPMENT SERVICE INC

Date Approved

04/27/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

COOLING EQUIPMENT SERVICE INC

Borrower Address

141 GARLISCH DR

Borrower City

ELK GROVE VILLAGE

Borrower State

IL

Borrower Zip

60007-1322

Loan Status Date

05/31/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

772856.00

Current Approval Amount

772856.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124397

Servicing Lender Name

First Secure Community Bank

Servicing Lender Address

670 N Sugar Grove Pkwy Rte 47

Servicing Lender City

Sugar Grove

Servicing Lender State

IL

Servicing Lender Zip

60554

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELK GROVE VILLAGE

Project County Name

COOK

Project State

IL

Project Zip

60007-1322

CD

IL-08

Jobs Reported

40

NAICS Code

333415

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

772856.00

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

124397

Originating Lender

First Secure Community Bank

Originating Lender City

Sugar Grove

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

784878.20

Forgiveness Date

11/23/2021

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