PPP Loan information for Newko prototype, inc.

$509,700

Newko prototype, inc. was initially approved for PPP Loan of amount $509,700, the current approved amount is $509,700. The loan was approved on 04/07/2020 by The Cornerstone National Bank & Trust Company reported 50 jobs and $509,700 was used to fund payroll.

Newko prototype, inc. is Existing or more than 2 years old

PPP Loan Search / IL / PALATINE / Newko prototype, inc.

NEWKO PROTOTYPE, INC.

Date Approved

04/07/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

NEWKO PROTOTYPE, INC.

Borrower Address

720 VERMONT ST

Borrower City

PALATINE

Borrower State

IL

Borrower Zip

60067-7139

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

509700.00

Current Approval Amount

509700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203014

Servicing Lender Name

Cornerstone National Bank & Trust Company

Servicing Lender Address

One W Northwest Hwy

Servicing Lender City

PALATINE

Servicing Lender State

IL

Servicing Lender Zip

60067-3570

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

60067-7139

CD

IL-08

Jobs Reported

50

NAICS Code

333517

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

25485.00

Payroll Proceed

407760.00

Mortgage Interest Proceed

0.00

Rent Proceed

50970.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

25485

Business Type

Subchapter S Corporation

Originating Lender Location Id

203014

Originating Lender

Cornerstone National Bank & Trust Company

Originating Lender City

PALATINE

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

512545.82

Forgiveness Date

11/03/2020

;