PPP Loan information for Precision painting and decorating corp

$218,000

Precision painting and decorating corp was initially approved for PPP Loan of amount $218,000, the current approved amount is $218,000. The loan was approved on 04/09/2020 by The Blackhawk Bank reported 23 jobs and $218,000 was used to fund payroll.

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

PPP Loan Search / IL / BELLWOOD / Precision painting and decorating corp

PRECISION PAINTING AND DECORATING CORP

Date Approved

04/09/2020

SBA Office Code

0507

Processing Method

PPP

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

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

218000.00

Current Approval Amount

218000.00

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

23

NAICS Code

238320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1000.00

Payroll Proceed

211000.00

Mortgage Interest Proceed

0.00

Rent Proceed

6000.00

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

219356.44

Forgiveness Date

11/27/2020

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