PPP Loan information for Glotel inc

$2,000,000

Glotel inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/10/2021 by The PNC Bank, National Association reported 156 jobs and $2,000,000 was used to fund payroll.

Glotel inc is Existing or more than 2 years old

PPP Loan Search / IL / Chicago / Glotel inc

GLOTEL INC

Date Approved

02/10/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

GLOTEL INC

Borrower Address

8700 W Bryn Mawr Ave 8700 W Bryn Mawr Ave

Borrower City

Chicago

Borrower State

IL

Borrower Zip

60631-3512

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Chicago

Project County Name

COOK

Project State

IL

Project Zip

60631-3512

CD

IL-08

Jobs Reported

156

NAICS Code

561320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999996.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2014611.11

Forgiveness Date

11/03/2021

;