PPP Loan information for Redmon's village towing, inc.

$388,747

Redmon's village towing, inc. was initially approved for PPP Loan of amount $388,747, the current approved amount is $388,747. The loan was approved on 04/07/2020 by The Heritage Bank of Schaumburg reported 34 jobs and $388,747 was used to fund payroll.

Redmon's village towing, inc. is Existing or more than 2 years old

REDMON'S VILLAGE TOWING, INC.

Date Approved

04/07/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

REDMON'S VILLAGE TOWING, INC.

Borrower Address

1323 S. RODENBURG RD

Borrower City

SCHAUMBURG

Borrower State

IL

Borrower Zip

60193-3527

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

388747.00

Current Approval Amount

388747.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22550

Servicing Lender Name

Heritage Bank of Schaumburg

Servicing Lender Address

1535 W Schaumburg Rd

Servicing Lender City

SCHAUMBURG

Servicing Lender State

IL

Servicing Lender Zip

60194-4042

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SCHAUMBURG

Project County Name

COOK

Project State

IL

Project Zip

60193-3527

CD

IL-08

Jobs Reported

34

NAICS Code

488410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5660.00

Payroll Proceed

294847.00

Mortgage Interest Proceed

0.00

Rent Proceed

75000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

13240.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

22550

Originating Lender

Heritage Bank of Schaumburg

Originating Lender City

SCHAUMBURG

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

391856.98

Forgiveness Date

02/01/2021

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