PPP Loan information for Metro chicago development

$50,912

Metro chicago development was initially approved for PPP Loan of amount $50,912, the current approved amount is $50,912. The loan was approved on 04/30/2020 by The U.S. Bank, National Association reported 2 jobs and $50,912 was used to fund payroll.

Metro chicago development is Existing or more than 2 years old

METRO CHICAGO DEVELOPMENT

Date Approved

04/30/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

METRO CHICAGO DEVELOPMENT

Borrower Address

18216 HARWOOD AVE

Borrower City

HOMEWOOD

Borrower State

IL

Borrower Zip

60430

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50912.00

Current Approval Amount

50912.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HOMEWOOD

Project County Name

COOK

Project State

IL

Project Zip

60430-0001

CD

IL-02

Jobs Reported

2

NAICS Code

236118

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

50912.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

51384.35

Forgiveness Date

04/01/2021

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