PPP Loan information for Payroll associates inc.

$629,900

Payroll associates inc. was initially approved for PPP Loan of amount $629,900, the current approved amount is $629,900. The loan was approved on 04/05/2020 by The Village Bank and Trust, National Association reported 33 jobs and $629,900 was used to fund payroll.

Payroll associates inc. is Existing or more than 2 years old

PPP Loan Search / IL / ELK GROVE VILLAGE / Payroll associates inc.

PAYROLL ASSOCIATES INC.

Date Approved

04/05/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

PAYROLL ASSOCIATES INC.

Borrower Address

OAKTON ST

Borrower City

ELK GROVE VILLAGE

Borrower State

IL

Borrower Zip

60007-1124

Loan Status Date

07/02/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

629900.00

Current Approval Amount

629900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119325

Servicing Lender Name

Village Bank and Trust, National Association

Servicing Lender Address

234 W Northwest Hwy

Servicing Lender City

ARLINGTON HEIGHTS

Servicing Lender State

IL

Servicing Lender Zip

60004-5934

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELK GROVE VILLAGE

Project County Name

COOK

Project State

IL

Project Zip

60007-1124

CD

IL-03

Jobs Reported

33

NAICS Code

541214

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

39369.00

Payroll Proceed

472425.00

Mortgage Interest Proceed

0.00

Rent Proceed

39369.00

Refinance EIDL Proceed

0.00

Health Care Proceed

39368.00

Debt Interest Proceed

39369

Business Type

Corporation

Originating Lender Location Id

119325

Originating Lender

Village Bank and Trust, National Association

Originating Lender City

ARLINGTON HEIGHTS

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

633451.94

Forgiveness Date

11/05/2020

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