PPP Loan information for Lending solutions, inc.

$7,198,353

Lending solutions, inc. was initially approved for PPP Loan of amount $7,198,353, the current approved amount is $7,198,353. The loan was approved on 04/27/2020 by The First American Bank reported 480 jobs and $7,198,353 was used to fund payroll.

Lending solutions, inc. is Existing or more than 2 years old

LENDING SOLUTIONS, INC.

Date Approved

04/27/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

LENDING SOLUTIONS, INC.

Borrower Address

2200 Point Blvd

Borrower City

ELGIN

Borrower State

IL

Borrower Zip

60123-7862

Loan Status Date

10/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

7198352.50

Current Approval Amount

7198352.66

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

N

Business Age Description

Existing or more than 2 years old

Project City

ELGIN

Project County Name

KANE

Project State

IL

Project Zip

60123-0300

CD

IL-08

Jobs Reported

480

NAICS Code

522298

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

7198352.66

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

7297929.87

Forgiveness Date

09/17/2021

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