PPP Loan information for Petersen sealcoating & paving inc

$275,000

Petersen sealcoating & paving inc was initially approved for PPP Loan of amount $275,000, the current approved amount is $275,000. The loan was approved on 04/06/2020 by The Home State Bank, National Association reported 35 jobs and $275,000 was used to fund payroll.

Petersen sealcoating & paving inc is Existing or more than 2 years old

PETERSEN SEALCOATING & PAVING INC

Date Approved

04/06/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

PETERSEN SEALCOATING & PAVING INC

Borrower Address

362 INDUSTRIAL AVENUE

Borrower City

CRYSTAL LAKE

Borrower State

IL

Borrower Zip

60014

Loan Status Date

12/24/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

275000.00

Current Approval Amount

275000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21163

Servicing Lender Name

Home State Bank, National Association

Servicing Lender Address

40 Grant St

Servicing Lender City

CRYSTAL LAKE

Servicing Lender State

IL

Servicing Lender Zip

60014-4314

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CRYSTAL LAKE

Project County Name

MCHENRY

Project State

IL

Project Zip

60014-1000

CD

IL-09

Jobs Reported

35

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

206250.00

Mortgage Interest Proceed

0.00

Rent Proceed

68750.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

21163

Originating Lender

Home State Bank, National Association

Originating Lender City

CRYSTAL LAKE

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

276657.64

Forgiveness Date

11/17/2020

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