PPP Loan information for Lpc-6000

$162,600

Lpc-6000 was initially approved for PPP Loan of amount $162,600, the current approved amount is $162,600. The loan was approved on 04/05/2020 by The Lake Forest Bank & Trust Company, National Association reported 54 jobs and $162,600 was used to fund payroll.

Lpc-6000 is Existing or more than 2 years old

LPC-6000

Date Approved

04/05/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

LPC-6000

Borrower Address

960 Rand Rd Suite 222

Borrower City

DES PLAINES

Borrower State

IL

Borrower Zip

60016-2300

Loan Status Date

06/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

162600.00

Current Approval Amount

162600.00

Undisbursed Amount

0.00

Franchise Name

McDonalds

Servicing Lender Location Id

117732

Servicing Lender Name

Lake Forest Bank & Trust Company, National Association

Servicing Lender Address

727 N Bank Ln

Servicing Lender City

LAKE FOREST

Servicing Lender State

IL

Servicing Lender Zip

60045-1887

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DES PLAINES

Project County Name

COOK

Project State

IL

Project Zip

60016-2300

CD

IL-05

Jobs Reported

54

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

13550.00

Payroll Proceed

121950.00

Mortgage Interest Proceed

13550.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

13550.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

117732

Originating Lender

Lake Forest Bank & Trust Company, National Association

Originating Lender City

LAKE FOREST

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

164176.32

Forgiveness Date

03/31/2021

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