PPP Loan information for Illinois process equipment

$300,000

Illinois process equipment was initially approved for PPP Loan of amount $300,000, the current approved amount is $300,000. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 18 jobs and $300,000 was used to fund payroll.

Illinois process equipment is Existing or more than 2 years old

PPP Loan Search / IL / SCHAUMBURG / Illinois process equipment

ILLINOIS PROCESS EQUIPMENT

Date Approved

05/01/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

ILLINOIS PROCESS EQUIPMENT

Borrower Address

1110 MORSE AVE

Borrower City

SCHAUMBURG

Borrower State

IL

Borrower Zip

60193

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

300000.00

Current Approval Amount

300000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SCHAUMBURG

Project County Name

COOK

Project State

IL

Project Zip

60193-1000

CD

IL-08

Jobs Reported

18

NAICS Code

423830

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5000.00

Payroll Proceed

261475.00

Mortgage Interest Proceed

0.00

Rent Proceed

11025.00

Refinance EIDL Proceed

0.00

Health Care Proceed

22500.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

303715.83

Forgiveness Date

08/02/2021

;