PPP Loan information for Precision painting and decorating corp.

$281,155

Precision painting and decorating corp. was initially approved for PPP Loan of amount $281,155, the current approved amount is $281,155. The loan was approved on 01/22/2021 by The Blackhawk Bank reported 25 jobs and $281,155 was used to fund payroll.

Precision painting and decorating corp. is Existing or more than 2 years old

PRECISION PAINTING AND DECORATING CORP.

Date Approved

01/22/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

PRECISION PAINTING AND DECORATING CORP.

Borrower Address

2600 Van Buren St

Borrower City

Bellwood

Borrower State

IL

Borrower Zip

60104-2408

Loan Status Date

02/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

281155.00

Current Approval Amount

281155.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117081

Servicing Lender Name

Blackhawk Bank

Servicing Lender Address

400 Broad St

Servicing Lender City

BELOIT

Servicing Lender State

WI

Servicing Lender Zip

53511-6223

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Bellwood

Project County Name

COOK

Project State

IL

Project Zip

60104-2408

CD

IL-07

Jobs Reported

25

NAICS Code

238910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

281154.00

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

117081

Originating Lender

Blackhawk Bank

Originating Lender City

BELOIT

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

284724.11

Forgiveness Date

05/05/2022

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