PPP Loan information for Outsource solutions group inc

$459,550

Outsource solutions group inc was initially approved for PPP Loan of amount $461,750, the current approved amount is $459,550. The loan was approved on 04/14/2020 by The Time Bank reported 40 jobs and $459,550 was used to fund payroll.

Outsource solutions group inc is Existing or more than 2 years old

OUTSOURCE SOLUTIONS GROUP INC

Date Approved

04/14/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

OUTSOURCE SOLUTIONS GROUP INC

Borrower Address

1730 PARK ST

Borrower City

NAPERVILLE

Borrower State

IL

Borrower Zip

60563-2689

Loan Status Date

03/08/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

461750.00

Current Approval Amount

459550.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119627

Servicing Lender Name

Time Bank

Servicing Lender Address

626 Talcott Rd

Servicing Lender City

PARK RIDGE

Servicing Lender State

IL

Servicing Lender Zip

60068-4721

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NAPERVILLE

Project County Name

DUPAGE

Project State

IL

Project Zip

60563-2689

CD

IL-11

Jobs Reported

40

NAICS Code

541519

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

10000.00

Payroll Proceed

449550.00

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

Subchapter S Corporation

Originating Lender Location Id

119627

Originating Lender

Time Bank

Originating Lender City

PARK RIDGE

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

462830.68

Forgiveness Date

12/30/2020

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