PPP Loan information for Litgen concrete cutting and coring co.

$427,500

Litgen concrete cutting and coring co. was initially approved for PPP Loan of amount $427,500, the current approved amount is $427,500. The loan was approved on 04/11/2020 by The Busey Bank reported 21 jobs and $427,500 was used to fund payroll.

Litgen concrete cutting and coring co. is Existing or more than 2 years old

LITGEN CONCRETE CUTTING AND CORING CO.

Date Approved

04/11/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

LITGEN CONCRETE CUTTING AND CORING CO.

Borrower Address

1020 Nerge Road

Borrower City

Elk Grove Village

Borrower State

IL

Borrower Zip

60007-3216

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

427500.00

Current Approval Amount

427500.00

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

60007-3216

CD

IL-08

Jobs Reported

21

NAICS Code

238910

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

427500.00

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

Unanswered

Non Profit

Forgiveness Amount

430516.25

Forgiveness Date

12/28/2020

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