PPP Loan information for Red seal development corp

$318,100

Red seal development corp was initially approved for PPP Loan of amount $318,100, the current approved amount is $318,100. The loan was approved on 04/07/2020 by The Northbrook Bank & Trust Company, National Association reported 18 jobs and $318,100 was used to fund payroll.

Red seal development corp is Existing or more than 2 years old

PPP Loan Search / IL / NORTHBROOK / Red seal development corp

RED SEAL DEVELOPMENT CORP

Date Approved

04/07/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

RED SEAL DEVELOPMENT CORP

Borrower Address

425 HUEHL RD Building 18

Borrower City

NORTHBROOK

Borrower State

IL

Borrower Zip

60062-2301

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

318100.00

Current Approval Amount

318100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203722

Servicing Lender Name

Northbrook Bank & Trust Company, National Association

Servicing Lender Address

1100 Waukegan Rd

Servicing Lender City

NORTHBROOK

Servicing Lender State

IL

Servicing Lender Zip

60062-4663

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORTHBROOK

Project County Name

COOK

Project State

IL

Project Zip

60062-2301

CD

IL-10

Jobs Reported

18

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

31810.00

Payroll Proceed

238575.00

Mortgage Interest Proceed

47715.00

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

203722

Originating Lender

Northbrook Bank & Trust Company, National Association

Originating Lender City

NORTHBROOK

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

321846.51

Forgiveness Date

06/16/2021

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