PPP Loan information for Schmitt-lake street, llc
$124,100
Schmitt-lake street, llc was initially approved for PPP Loan of amount $124,100, the current approved amount is $124,100. The loan was approved on 04/28/2020 by The Old Second National Bank reported 42 jobs and $124,100 was used to fund payroll.
Schmitt-lake street, llc is Existing or more than 2 years old
SCHMITT-LAKE STREET, LLC
Date Approved
04/28/2020
SBA Office Code
0507
Processing Method
PPP
Borrower Name
SCHMITT-LAKE STREET, LLC
Borrower Address
1975 W DOWNER PL Ste 302
Borrower City
AURORA
Borrower State
IL
Borrower Zip
60506-4480
Loan Status Date
05/25/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
124100.00
Current Approval Amount
124100.00
Undisbursed Amount
0.00
Franchise Name
McDonalds
Servicing Lender Location Id
20282
Servicing Lender Name
Old Second National Bank
Servicing Lender Address
37 S River St
Servicing Lender City
AURORA
Servicing Lender State
IL
Servicing Lender Zip
60506-4173
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
AURORA
Project County Name
KANE
Project State
IL
Project Zip
60506-4480
CD
IL-11
Jobs Reported
42
NAICS Code
722513
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
10544.00
Payroll Proceed
97556.00
Mortgage Interest Proceed
0.00
Rent Proceed
16000.00
Refinance EIDL Proceed
0.00
Health Care Proceed
0.00
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
20282
Originating Lender
Old Second National Bank
Originating Lender City
AURORA
Originating Lender State
IL
Gender
Unanswered
Veteran
Unanswered
Non Profit
Forgiveness Amount
125034.20
Forgiveness Date
02/03/2021