PPP Loan information for Paint jar inc

$220,000

Paint jar inc was initially approved for PPP Loan of amount $220,000, the current approved amount is $220,000. The loan was approved on 04/08/2020 by The Lake Forest Bank & Trust Company, National Association reported 25 jobs and $220,000 was used to fund payroll.

Paint jar inc is Existing or more than 2 years old

PAINT JAR INC

Date Approved

04/08/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

PAINT JAR INC

Borrower Address

2015 S ARLINGTON HEIGHTS RD

Borrower City

ARLINGTON HEIGHTS

Borrower State

IL

Borrower Zip

60005-4101

Loan Status Date

07/02/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

220000.00

Current Approval Amount

220000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117732

Servicing Lender Name

Lake Forest Bank & Trust Company, National Association

Servicing Lender Address

727 N Bank Ln

Servicing Lender City

LAKE FOREST

Servicing Lender State

IL

Servicing Lender Zip

60045-1887

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ARLINGTON HEIGHTS

Project County Name

COOK

Project State

IL

Project Zip

60005-4101

CD

IL-08

Jobs Reported

25

NAICS Code

238320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

27500.00

Payroll Proceed

165000.00

Mortgage Interest Proceed

0.00

Rent Proceed

27500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

118394

Originating Lender

Wheaton Bank & Trust Company, National Association

Originating Lender City

WHEATON

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

221320.00

Forgiveness Date

11/20/2020

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