PPP Loan information for Ctel inc

$99,496

Ctel inc was initially approved for PPP Loan of amount $99,496, the current approved amount is $99,496. The loan was approved on 02/19/2021 by The Old Second National Bank reported 8 jobs and $99,496 was used to fund payroll.

Ctel inc is Existing or more than 2 years old

CTEL INC

Date Approved

02/19/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

CTEL INC

Borrower Address

5269 Elliott Dr

Borrower City

Hoffman Estates

Borrower State

IL

Borrower Zip

60192-4508

Loan Status Date

01/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

99496.00

Current Approval Amount

99496.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20282

Servicing Lender Name

Old Second National Bank

Servicing Lender Address

37 S River St

Servicing Lender City

AURORA

Servicing Lender State

IL

Servicing Lender Zip

60506-4173

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hoffman Estates

Project County Name

COOK

Project State

IL

Project Zip

60192-4508

CD

IL-08

Jobs Reported

8

NAICS Code

561311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

99495.00

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

Subchapter S Corporation

Originating Lender Location Id

20282

Originating Lender

Old Second National Bank

Originating Lender City

AURORA

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

100308.55

Forgiveness Date

12/16/2021

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