PPP Loan information for Northwest trucks, inc.

$519,800

Northwest trucks, inc. was initially approved for PPP Loan of amount $519,800, the current approved amount is $519,800. The loan was approved on 04/07/2020 by The Cornerstone National Bank & Trust Company reported 46 jobs and $519,800 was used to fund payroll.

Northwest trucks, inc. is Existing or more than 2 years old

NORTHWEST TRUCKS, INC.

Date Approved

04/07/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

NORTHWEST TRUCKS, INC.

Borrower Address

2120 Road Road

Borrower City

PALATINE

Borrower State

IL

Borrower Zip

60074

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

519800.00

Current Approval Amount

519800.00

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

60074-0100

CD

IL-05

Jobs Reported

46

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

415840.00

Mortgage Interest Proceed

25990.00

Rent Proceed

77970.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

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

522904.36

Forgiveness Date

11/17/2020

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