PPP Loan information for North point development llc

$204,700

North point development llc was initially approved for PPP Loan of amount $204,700, the current approved amount is $204,700. The loan was approved on 01/27/2021 by The Old Second National Bank reported 47 jobs and $204,700 was used to fund payroll.

North point development llc is Existing or more than 2 years old

NORTH POINT DEVELOPMENT LLC

Date Approved

01/27/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

NORTH POINT DEVELOPMENT LLC

Borrower Address

2244 S Hadley Rd

Borrower City

PLAINFIELD

Borrower State

IN

Borrower Zip

46168

Loan Status Date

12/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

204700.00

Current Approval Amount

204700.00

Undisbursed Amount

0.00

Franchise Name

Hampton Inn

Servicing Lender Location Id

20282

Servicing Lender Name

Old Second National Bank

Servicing Lender Address

37 S River St

Servicing Lender City

AURORA

Servicing Lender State

IL

Servicing Lender Zip

60506-4173

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PLAINFIELD

Project County Name

HENDRICKS

Project State

IN

Project Zip

46168

CD

IN-04

Jobs Reported

47

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

204698.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

20282

Originating Lender

Old Second National Bank

Originating Lender City

AURORA

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

206479.75

Forgiveness Date

12/09/2021

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