PPP Loan information for Loyalty investment & management inc.

$148,672

Loyalty investment & management inc. was initially approved for PPP Loan of amount $148,672, the current approved amount is $148,672. The loan was approved on 04/20/2021 by The Bank of America, National Association reported 48 jobs and $148,672 was used to fund payroll.

Loyalty investment & management inc. is Existing or more than 2 years old

PPP Loan Search / IL / Lynwood / Loyalty investment & management inc.

LOYALTY INVESTMENT & MANAGEMENT INC.

Date Approved

04/20/2021

SBA Office Code

0507

Processing Method

PPP

Borrower Name

LOYALTY INVESTMENT & MANAGEMENT INC.

Borrower Address

20909 Torrence Ave

Borrower City

Lynwood

Borrower State

IL

Borrower Zip

60411-8725

Loan Status Date

05/11/2023

Loan Status

Charged Off

Term

36

SBA Guaranty Percentage

100

Initial Approval Amount

148672.00

Current Approval Amount

148672.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lynwood

Project County Name

COOK

Project State

IL

Project Zip

60411-8725

CD

IL-02

Jobs Reported

48

NAICS Code

531311

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

148667.00

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

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;