PPP Loan information for Material solutions laboratory corporation

$896,475

Material solutions laboratory corporation was initially approved for PPP Loan of amount $896,475, the current approved amount is $896,475. The loan was approved on 01/22/2021 by The Fifth Third Bank reported 36 jobs and $896,475 was used to fund payroll.

Material solutions laboratory corporation is Existing or more than 2 years old

MATERIAL SOLUTIONS LABORATORY CORPORATION

Date Approved

01/22/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

MATERIAL SOLUTIONS LABORATORY CORPORATION

Borrower Address

1040 Bonaventure Dr

Borrower City

Elk Grove Village

Borrower State

IL

Borrower Zip

60007-3277

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

896475.00

Current Approval Amount

896475.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

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

60007-3277

CD

IL-08

Jobs Reported

36

NAICS Code

541330

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

896471.00

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

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;