PPP Loan information for May decorating ii inc

$172,845

May decorating ii inc was initially approved for PPP Loan of amount $172,845, the current approved amount is $172,845. The loan was approved on 04/08/2020 by The Midland States Bank reported 4 jobs and $172,845 was used to fund payroll.

May decorating ii inc is Existing or more than 2 years old

MAY DECORATING II INC

Date Approved

04/08/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MAY DECORATING II INC

Borrower Address

520 W Shady Lane Rd

Borrower City

PALATINE

Borrower State

IL

Borrower Zip

60074-1069

Loan Status Date

08/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

172845.00

Current Approval Amount

172845.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21299

Servicing Lender Name

Midland States Bank

Servicing Lender Address

110 S. 5th St

Servicing Lender City

EFFINGHAM

Servicing Lender State

IL

Servicing Lender Zip

62401-2453

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PALATINE

Project County Name

COOK

Project State

IL

Project Zip

60074-1069

CD

IL-08

Jobs Reported

4

NAICS Code

238320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

845.00

Payroll Proceed

172000.00

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

21299

Originating Lender

Midland States Bank

Originating Lender City

EFFINGHAM

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

174938.08

Forgiveness Date

07/06/2021

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