PPP Loan information for Pulse technology of illinois

$667,103

Pulse technology of illinois was initially approved for PPP Loan of amount $667,103, the current approved amount is $667,103. The loan was approved on 04/10/2020 by The First American Bank reported 54 jobs and $667,103 was used to fund payroll.

Pulse technology of illinois is Existing or more than 2 years old

PULSE TECHNOLOGY OF ILLINOIS

Date Approved

04/10/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

PULSE TECHNOLOGY OF ILLINOIS

Borrower Address

201 Commerce Dr

Borrower City

SCHAUMBURG

Borrower State

IL

Borrower Zip

60173-5338

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

667102.50

Current Approval Amount

667102.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21238

Servicing Lender Name

First American Bank

Servicing Lender Address

700 Busse Rd

Servicing Lender City

ELK GROVE VILLAGE

Servicing Lender State

IL

Servicing Lender Zip

60007-2137

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SCHAUMBURG

Project County Name

COOK

Project State

IL

Project Zip

60173-5338

CD

IL-08

Jobs Reported

54

NAICS Code

423420

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

667102.50

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

21238

Originating Lender

First American Bank

Originating Lender City

ELK GROVE VILLAGE

Originating Lender State

IL

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

672050.18

Forgiveness Date

01/13/2021

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