Date Approved
04/15/2020
SBA Office Code
0507
Processing Method
PPP
Borrower Name
SOVEREIGN TAP LLC
Borrower Address
24216 W Lockport Street
Borrower City
PLAINFIELD
Borrower State
IL
Borrower Zip
60544
Loan Status Date
08/06/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
393327.00
Current Approval Amount
393300.00
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
22749
Servicing Lender Name
Busey Bank
Servicing Lender Address
100 W University Ave
Servicing Lender City
CHAMPAIGN
Servicing Lender State
Servicing Lender Zip
61820-3910
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Unanswered
Project City
Project County Name
WILL
Project State
Project Zip
60544-0001
CD
IL-14
Jobs Reported
64
NAICS Code
722511
Race
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
294975.00
Mortgage Interest Proceed
Rent Proceed
98325.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
398192.01
Forgiveness Date
07/22/2021