PPP Loan information for Press tech inc

$100,600

Press tech inc was initially approved for PPP Loan of amount $100,600, the current approved amount is $100,600. The loan was approved on 04/07/2020 by The Cornerstone National Bank & Trust Company reported 9 jobs and $100,600 was used to fund payroll.

Press tech inc is Existing or more than 2 years old

PPP Loan Search / IL / DES PLAINES / Press tech inc

PRESS TECH INC

Date Approved

04/07/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

PRESS TECH INC

Borrower Address

959 Lee Street

Borrower City

DES PLAINES

Borrower State

IL

Borrower Zip

60016-6545

Loan Status Date

05/27/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

100600.00

Current Approval Amount

100600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203014

Servicing Lender Name

Cornerstone National Bank & Trust Company

Servicing Lender Address

One W Northwest Hwy

Servicing Lender City

PALATINE

Servicing Lender State

IL

Servicing Lender Zip

60067-3570

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DES PLAINES

Project County Name

COOK

Project State

IL

Project Zip

60016-6545

CD

IL-08

Jobs Reported

9

NAICS Code

323111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5030.00

Payroll Proceed

80480.00

Mortgage Interest Proceed

5030.00

Rent Proceed

10060.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

203014

Originating Lender

Cornerstone National Bank & Trust Company

Originating Lender City

PALATINE

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

101656.30

Forgiveness Date

04/29/2021

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