PPP Loan information for Philip-rae corporation

$410,500

Philip-rae corporation was initially approved for PPP Loan of amount $410,500, the current approved amount is $410,500. The loan was approved on 04/05/2020 by The American Commercial Bank & Trust, National Association reported 39 jobs and $410,500 was used to fund payroll.

Philip-rae corporation is Existing or more than 2 years old

PPP Loan Search / IL / NAPERVILLE / Philip-rae corporation

PHILIP-RAE CORPORATION

Date Approved

04/05/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

PHILIP-RAE CORPORATION

Borrower Address

564 S. WASHINGTON ST 200

Borrower City

NAPERVILLE

Borrower State

IL

Borrower Zip

60540-6668

Loan Status Date

09/30/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

410500.00

Current Approval Amount

410500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22237

Servicing Lender Name

American Commercial Bank & Trust, National Association

Servicing Lender Address

701 LaSalle St

Servicing Lender City

OTTAWA

Servicing Lender State

IL

Servicing Lender Zip

61350-5011

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NAPERVILLE

Project County Name

DUPAGE

Project State

IL

Project Zip

60540-6668

CD

IL-11

Jobs Reported

39

NAICS Code

541211

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

410500.00

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

Subchapter S Corporation

Originating Lender Location Id

22237

Originating Lender

American Commercial Bank & Trust, National Association

Originating Lender City

OTTAWA

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

415916.32

Forgiveness Date

08/10/2021

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