PPP Loan information for King transmission company, inc.

$253,361

King transmission company, inc. was initially approved for PPP Loan of amount $253,361, the current approved amount is $253,361. The loan was approved on 01/16/2021 by The Cornerstone National Bank & Trust Company reported 24 jobs and $253,361 was used to fund payroll.

King transmission company, inc. is Existing or more than 2 years old

PPP Loan Search / IL / Elmhurst / King transmission company, inc.

KING TRANSMISSION COMPANY, INC.

Date Approved

01/16/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

KING TRANSMISSION COMPANY, INC.

Borrower Address

180 W Grand Ave

Borrower City

Elmhurst

Borrower State

IL

Borrower Zip

60126-1105

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

253361.00

Current Approval Amount

253361.00

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

Elmhurst

Project County Name

DUPAGE

Project State

IL

Project Zip

60126-1105

CD

IL-06

Jobs Reported

24

NAICS Code

811113

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

253355.00

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

203014

Originating Lender

Cornerstone National Bank & Trust Company

Originating Lender City

PALATINE

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

254768.56

Forgiveness Date

08/16/2021

;