PPP Loan information for Lerman business services inc.

$112,020

Lerman business services inc. was initially approved for PPP Loan of amount $112,020, the current approved amount is $112,020. The loan was approved on 01/17/2021 by The Cornerstone National Bank & Trust Company reported 14 jobs and $112,020 was used to fund payroll.

Lerman business services inc. is Existing or more than 2 years old

LERMAN BUSINESS SERVICES INC.

Date Approved

01/17/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

LERMAN BUSINESS SERVICES INC.

Borrower Address

3550 Hobson Rd Ste 401

Borrower City

Woodridge

Borrower State

IL

Borrower Zip

60517-5451

Loan Status Date

05/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

112020.00

Current Approval Amount

112020.00

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

Woodridge

Project County Name

DUPAGE

Project State

IL

Project Zip

60517-5451

CD

IL-11

Jobs Reported

14

NAICS Code

541211

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

112020.00

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

113420.25

Forgiveness Date

04/25/2022

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