PPP Loan information for New american gardens, inc.

$107,820

New american gardens, inc. was initially approved for PPP Loan of amount $107,820, the current approved amount is $107,820. The loan was approved on 04/27/2020 by The Village Bank and Trust, National Association reported 13 jobs and $107,820 was used to fund payroll.

New american gardens, inc. is Existing or more than 2 years old

NEW AMERICAN GARDENS, INC.

Date Approved

04/27/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

NEW AMERICAN GARDENS, INC.

Borrower Address

192 W PENNY RD

Borrower City

BARRINGTON

Borrower State

IL

Borrower Zip

60010-9386

Loan Status Date

07/02/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

107820.00

Current Approval Amount

107820.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119325

Servicing Lender Name

Village Bank and Trust, National Association

Servicing Lender Address

234 W Northwest Hwy

Servicing Lender City

ARLINGTON HEIGHTS

Servicing Lender State

IL

Servicing Lender Zip

60004-5934

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BARRINGTON

Project County Name

COOK

Project State

IL

Project Zip

60010-9386

CD

IL-05

Jobs Reported

13

NAICS Code

541320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

10782.00

Payroll Proceed

80865.00

Mortgage Interest Proceed

16173.00

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

119325

Originating Lender

Village Bank and Trust, National Association

Originating Lender City

ARLINGTON HEIGHTS

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

98333.55

Forgiveness Date

11/09/2020

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