PPP Loan information for Serac, inc.

$1,672,800

Serac, inc. was initially approved for PPP Loan of amount $1,672,800, the current approved amount is $1,672,800. The loan was approved on 04/06/2020 by The Wheaton Bank & Trust Company, National Association reported 76 jobs and $1,672,800 was used to fund payroll.

Serac, inc. is Existing or more than 2 years old

PPP Loan Search / IL / CAROL STREAM / Serac, inc.

SERAC, INC.

Date Approved

04/06/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

SERAC, INC.

Borrower Address

160 East Elk Trail

Borrower City

CAROL STREAM

Borrower State

IL

Borrower Zip

60188

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1672800.00

Current Approval Amount

1672800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

118394

Servicing Lender Name

Wheaton Bank & Trust Company, National Association

Servicing Lender Address

100 N Wheaton Ave

Servicing Lender City

WHEATON

Servicing Lender State

IL

Servicing Lender Zip

60187-5122

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CAROL STREAM

Project County Name

DUPAGE

Project State

IL

Project Zip

60188-0001

CD

IL-08

Jobs Reported

76

NAICS Code

333993

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

209100.00

Payroll Proceed

1254600.00

Mortgage Interest Proceed

0.00

Rent Proceed

209100.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

118394

Originating Lender

Wheaton Bank & Trust Company, National Association

Originating Lender City

WHEATON

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1682929.73

Forgiveness Date

11/23/2020

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