PPP Loan information for Litgen management group lp

$197,500

Litgen management group lp was initially approved for PPP Loan of amount $197,500, the current approved amount is $197,500. The loan was approved on 01/27/2021 by The Busey Bank reported 11 jobs and $197,500 was used to fund payroll.

Litgen management group lp is Existing or more than 2 years old

LITGEN MANAGEMENT GROUP LP

Date Approved

01/27/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

LITGEN MANAGEMENT GROUP LP

Borrower Address

1020 Nerge Rd

Borrower City

Elk Grove Village

Borrower State

IL

Borrower Zip

60007-3216

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

197500.00

Current Approval Amount

197500.00

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

11

NAICS Code

541618

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

197500.00

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

Partnership

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

198544.32

Forgiveness Date

08/31/2021

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