PPP Loan information for Frictionless solutions inc.

$256,708

Frictionless solutions inc. was initially approved for PPP Loan of amount $256,708, the current approved amount is $256,708. The loan was approved on 01/20/2021 by The First American Bank reported 16 jobs and $256,708 was used to fund payroll.

Frictionless solutions inc. is Existing or more than 2 years old

PPP Loan Search / IL / Arlington Heights / Frictionless solutions inc.

FRICTIONLESS SOLUTIONS INC.

Date Approved

01/20/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

FRICTIONLESS SOLUTIONS INC.

Borrower Address

415 W Golf Rd Ste 28

Borrower City

Arlington Heights

Borrower State

IL

Borrower Zip

60005-3923

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

256707.50

Current Approval Amount

256707.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21238

Servicing Lender Name

First American Bank

Servicing Lender Address

700 Busse Rd

Servicing Lender City

ELK GROVE VILLAGE

Servicing Lender State

IL

Servicing Lender Zip

60007-2137

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Arlington Heights

Project County Name

COOK

Project State

IL

Project Zip

60005-3923

CD

IL-08

Jobs Reported

16

NAICS Code

541990

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

256707.50

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

21238

Originating Lender

First American Bank

Originating Lender City

ELK GROVE VILLAGE

Originating Lender State

IL

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

258133.65

Forgiveness Date

08/19/2021

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