PPP Loan information for Moriteq rubber company

$56,400

Moriteq rubber company was initially approved for PPP Loan of amount $56,400, the current approved amount is $56,400. The loan was approved on 05/04/2020 by The Citibank, N.A. reported 5 jobs and $56,400 was used to fund payroll.

Moriteq rubber company is Existing or more than 2 years old

MORITEQ RUBBER COMPANY

Date Approved

05/04/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MORITEQ RUBBER COMPANY

Borrower Address

710 West Algonquin Road

Borrower City

ARLINGTON HEIGHTS

Borrower State

IL

Borrower Zip

60005

Loan Status Date

Loan Status

Exemption 4

Term

59

SBA Guaranty Percentage

100

Initial Approval Amount

56400.00

Current Approval Amount

56400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

49274

Servicing Lender Name

Citibank, N.A.

Servicing Lender Address

5800 S. Corporate Place

Servicing Lender City

Sioux Falls

Servicing Lender State

SD

Servicing Lender Zip

57108

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ARLINGTON HEIGHTS

Project County Name

COOK

Project State

IL

Project Zip

60005-1000

CD

IL-08

Jobs Reported

5

NAICS Code

541990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

56400.00

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

49274

Originating Lender

Citibank, N.A.

Originating Lender City

Sioux Falls

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

54874.39

Forgiveness Date

08/31/2021

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