PPP Loan information for Resource 1, inc

$1,154,907

Resource 1, inc was initially approved for PPP Loan of amount $1,154,907, the current approved amount is $1,154,907. The loan was approved on 04/11/2020 by The Village Bank and Trust, National Association reported 51 jobs and $1,154,907 was used to fund payroll.

Resource 1, inc is Existing or more than 2 years old

RESOURCE 1, INC

Date Approved

04/11/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

RESOURCE 1, INC

Borrower Address

701 Harger Road Suite 100

Borrower City

OAK BROOK

Borrower State

IL

Borrower Zip

60523-1405

Loan Status Date

06/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1154907.00

Current Approval Amount

1154907.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119325

Servicing Lender Name

Village Bank and Trust, National Association

Servicing Lender Address

234 W Northwest Hwy

Servicing Lender City

ARLINGTON HEIGHTS

Servicing Lender State

IL

Servicing Lender Zip

60004-5934

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OAK BROOK

Project County Name

DUPAGE

Project State

IL

Project Zip

60523-1405

CD

IL-07

Jobs Reported

51

NAICS Code

541612

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

115491.00

Payroll Proceed

866180.00

Mortgage Interest Proceed

173236.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

119325

Originating Lender

Village Bank and Trust, National Association

Originating Lender City

ARLINGTON HEIGHTS

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1164884.11

Forgiveness Date

02/26/2021

;