PPP Loan information for Olympic flame, inc.

$180,000

Olympic flame, inc. was initially approved for PPP Loan of amount $180,000, the current approved amount is $180,000. The loan was approved on 04/06/2020 by The State Bank of the Lakes, National Association reported 34 jobs and $180,000 was used to fund payroll.

Olympic flame, inc. is Existing or more than 2 years old

OLYMPIC FLAME, INC.

Date Approved

04/06/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

OLYMPIC FLAME, INC.

Borrower Address

3880 NORTHPOINT BLVD

Borrower City

WAUKEGAN

Borrower State

IL

Borrower Zip

60085-6717

Loan Status Date

06/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

180000.00

Current Approval Amount

180000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20227

Servicing Lender Name

State Bank of the Lakes, National Association

Servicing Lender Address

440 Lake St

Servicing Lender City

ANTIOCH

Servicing Lender State

IL

Servicing Lender Zip

60002-1406

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WAUKEGAN

Project County Name

LAKE

Project State

IL

Project Zip

60085-6717

CD

IL-10

Jobs Reported

34

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

45000.00

Payroll Proceed

135000.00

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

Corporation

Originating Lender Location Id

20227

Originating Lender

State Bank of the Lakes, National Association

Originating Lender City

ANTIOCH

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

181945.00

Forgiveness Date

05/11/2021

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