PPP Loan information for Petrak industries inc

$248,325

Petrak industries inc was initially approved for PPP Loan of amount $248,325, the current approved amount is $248,325. The loan was approved on 04/05/2020 by The Hinsdale Bank & Trust Company, National Association reported 20 jobs and $248,325 was used to fund payroll.

Petrak industries inc is Existing or more than 2 years old

PETRAK INDUSTRIES INC

Date Approved

04/05/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

PETRAK INDUSTRIES INC

Borrower Address

17250 New Lennox Rd

Borrower City

JOLIET

Borrower State

IL

Borrower Zip

60433

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

248325.00

Current Approval Amount

248325.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

118813

Servicing Lender Name

Hinsdale Bank & Trust Company, National Association

Servicing Lender Address

25 E First St

Servicing Lender City

HINSDALE

Servicing Lender State

IL

Servicing Lender Zip

60521-7825

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

JOLIET

Project County Name

WILL

Project State

IL

Project Zip

60433-1000

CD

IL-14

Jobs Reported

20

NAICS Code

333517

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

248325.00

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

118813

Originating Lender

Hinsdale Bank & Trust Company, National Association

Originating Lender City

HINSDALE

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

239788.05

Forgiveness Date

11/24/2020

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