PPP Loan information for Just rite accoustics inc.

$1,942,577

Just rite accoustics inc. was initially approved for PPP Loan of amount $1,942,577, the current approved amount is $1,942,577. The loan was approved on 04/09/2020 by The Busey Bank reported 80 jobs and $1,942,577 was used to fund payroll.

Just rite accoustics inc. is Existing or more than 2 years old

PPP Loan Search / IL / Elk Grove Village / Just rite accoustics inc.

JUST RITE ACCOUSTICS INC.

Date Approved

04/09/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

JUST RITE ACCOUSTICS INC.

Borrower Address

1501 Estes Ave

Borrower City

Elk Grove Village

Borrower State

IL

Borrower Zip

60007-5407

Loan Status Date

06/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1942577.00

Current Approval Amount

1942577.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

Elk Grove Village

Project County Name

COOK

Project State

IL

Project Zip

60007-5407

CD

IL-03

Jobs Reported

80

NAICS Code

238310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1942577.00

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

1964430.99

Forgiveness Date

05/21/2021

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