PPP Loan information for Nichols crane rental

$591,000

Nichols crane rental was initially approved for PPP Loan of amount $590,000, the current approved amount is $591,000. The loan was approved on 04/05/2020 by The Beverly Bank & Trust Company, National Association reported 24 jobs and $591,000 was used to fund payroll.

Nichols crane rental is Existing or more than 2 years old

NICHOLS CRANE RENTAL

Date Approved

04/05/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

NICHOLS CRANE RENTAL

Borrower Address

16519 CHERRY CREEK CT

Borrower City

JOLIET

Borrower State

IL

Borrower Zip

60433-8465

Loan Status Date

06/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

590000.00

Current Approval Amount

591000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

377941

Servicing Lender Name

Beverly Bank & Trust Company, National Association

Servicing Lender Address

10258 S Western Ave

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60643-1948

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

JOLIET

Project County Name

WILL

Project State

IL

Project Zip

60433-8465

CD

IL-01

Jobs Reported

24

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

59100.00

Payroll Proceed

443250.00

Mortgage Interest Proceed

88650.00

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

377941

Originating Lender

Beverly Bank & Trust Company, National Association

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

597566.67

Forgiveness Date

05/21/2021

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