PPP Loan information for Patel auto color inc

$88,900

Patel auto color inc was initially approved for PPP Loan of amount $88,900, the current approved amount is $88,900. The loan was approved on 04/28/2020 by The Millennium Bank reported 8 jobs and $88,900 was used to fund payroll.

Patel auto color inc is Existing or more than 2 years old

PPP Loan Search / IL / DES PLAINES / Patel auto color inc

PATEL AUTO COLOR INC

Date Approved

04/28/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

PATEL AUTO COLOR INC

Borrower Address

2170 Mannheim Road

Borrower City

DES PLAINES

Borrower State

IL

Borrower Zip

60018

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

88900.00

Current Approval Amount

88900.00

Undisbursed Amount

0.00

Franchise Name

Maaco

Servicing Lender Location Id

448174

Servicing Lender Name

Millennium Bank

Servicing Lender Address

2077 Miner St

Servicing Lender City

DES PLAINES

Servicing Lender State

IL

Servicing Lender Zip

60016-4711

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DES PLAINES

Project County Name

COOK

Project State

IL

Project Zip

60018-0501

CD

IL-08

Jobs Reported

8

NAICS Code

811121

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

88900.00

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

448174

Originating Lender

Millennium Bank

Originating Lender City

DES PLAINES

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

89581.57

Forgiveness Date

02/02/2021

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