PPP Loan information for Drugsource, inc.

$296,132

Drugsource, inc. was initially approved for PPP Loan of amount $296,132, the current approved amount is $296,132. The loan was approved on 04/11/2020 by The Busey Bank reported 40 jobs and $296,132 was used to fund payroll.

Drugsource, inc. is Existing or more than 2 years old

DRUGSOURCE, INC.

Date Approved

04/11/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

DRUGSOURCE, INC.

Borrower Address

2020 Lunt

Borrower City

Elk Grove Village

Borrower State

IL

Borrower Zip

60007

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

296132.00

Current Approval Amount

296132.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22749

Servicing Lender Name

Busey Bank

Servicing Lender Address

100 W University Ave

Servicing Lender City

CHAMPAIGN

Servicing Lender State

IL

Servicing Lender Zip

61820-3910

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Elk Grove Village

Project County Name

COOK

Project State

IL

Project Zip

60007-1000

CD

IL-08

Jobs Reported

40

NAICS Code

424210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

296132.00

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

22749

Originating Lender

Busey Bank

Originating Lender City

CHAMPAIGN

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

297801.86

Forgiveness Date

11/03/2020

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