PPP Loan information for Savage bros. company

$726,500

Savage bros. company was initially approved for PPP Loan of amount $726,500, the current approved amount is $726,500. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 53 jobs and $726,500 was used to fund payroll.

Savage bros. company is Existing or more than 2 years old

SAVAGE BROS. COMPANY

Date Approved

05/01/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

SAVAGE BROS. COMPANY

Borrower Address

1825 GREENLEAF AVE

Borrower City

ELK GROVE VILLAGE

Borrower State

IL

Borrower Zip

60007

Loan Status Date

09/30/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

726500.00

Current Approval Amount

726500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ELK GROVE VILLAGE

Project County Name

COOK

Project State

IL

Project Zip

60007-1000

CD

IL-08

Jobs Reported

53

NAICS Code

333241

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

24500.00

Payroll Proceed

581200.00

Mortgage Interest Proceed

0.00

Rent Proceed

66000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

52684.00

Debt Interest Proceed

2116

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

735458.96

Forgiveness Date

07/29/2021

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