PPP Loan information for Mcchenry county economic development corporation

$43,790

Mcchenry county economic development corporation was initially approved for PPP Loan of amount $43,790, the current approved amount is $43,790. The loan was approved on 04/29/2020 by The Sauk Valley Bank & Trust Company reported 3 jobs and $43,790 was used to fund payroll.

Mcchenry county economic development corporation is Existing or more than 2 years old

PPP Loan Search / IL / CRYSTAL LAKE / Mcchenry county economic development corporation

MCCHENRY COUNTY ECONOMIC DEVELOPMENT CORPORATION

Date Approved

04/29/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MCCHENRY COUNTY ECONOMIC DEVELOPMENT CORPORATION

Borrower Address

620 DAKOTA ST

Borrower City

CRYSTAL LAKE

Borrower State

IL

Borrower Zip

60012-3732

Loan Status Date

05/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

43790.00

Current Approval Amount

43790.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124000

Servicing Lender Name

Sauk Valley Bank & Trust Company

Servicing Lender Address

201 W 3rd St

Servicing Lender City

STERLING

Servicing Lender State

IL

Servicing Lender Zip

61081-3506

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CRYSTAL LAKE

Project County Name

MCHENRY

Project State

IL

Project Zip

60012-3732

CD

IL-11

Jobs Reported

3

NAICS Code

813920

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

43790.00

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

124000

Originating Lender

Sauk Valley Bank & Trust Company

Originating Lender City

STERLING

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

44214.52

Forgiveness Date

04/21/2021

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