PPP Loan information for Favaro & gorman ltd

$115,495

Favaro & gorman ltd was initially approved for PPP Loan of amount $115,495, the current approved amount is $115,495. The loan was approved on 04/15/2020 by The Cornerstone National Bank & Trust Company reported 7 jobs and $115,495 was used to fund payroll.

Favaro & gorman ltd is Existing or more than 2 years old

PPP Loan Search / IL / PALATINE / Favaro & gorman ltd

FAVARO & GORMAN LTD

Date Approved

04/15/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

FAVARO & GORMAN LTD

Borrower Address

835 N. STERLING AVE STE 100

Borrower City

PALATINE

Borrower State

IL

Borrower Zip

60067-2202

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

115495.00

Current Approval Amount

115495.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203014

Servicing Lender Name

Cornerstone National Bank & Trust Company

Servicing Lender Address

One W Northwest Hwy

Servicing Lender City

PALATINE

Servicing Lender State

IL

Servicing Lender Zip

60067-3570

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PALATINE

Project County Name

COOK

Project State

IL

Project Zip

60067-2200

CD

IL-05

Jobs Reported

7

NAICS Code

541110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

115495.00

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

203014

Originating Lender

Cornerstone National Bank & Trust Company

Originating Lender City

PALATINE

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

116913.02

Forgiveness Date

07/08/2021

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