PPP Loan information for Stratum med, inc

$376,860

Stratum med, inc was initially approved for PPP Loan of amount $376,860, the current approved amount is $376,860. The loan was approved on 04/10/2020 by The Prospect Bank reported 15 jobs and $376,860 was used to fund payroll.

Stratum med, inc is Existing or more than 2 years old

STRATUM MED, INC

Date Approved

04/10/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

STRATUM MED, INC

Borrower Address

3310 Field South Dr., Suite 101

Borrower City

Champaign

Borrower State

IL

Borrower Zip

61822

Loan Status Date

06/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

376860.00

Current Approval Amount

376860.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22283

Servicing Lender Name

Prospect Bank

Servicing Lender Address

177 W Wood St

Servicing Lender City

PARIS

Servicing Lender State

IL

Servicing Lender Zip

61944-1737

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Champaign

Project County Name

CHAMPAIGN

Project State

IL

Project Zip

61822-1000

CD

IL-13

Jobs Reported

15

NAICS Code

621511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

376860.00

Mortgage Interest Proceed

0.00

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

22283

Originating Lender

Prospect Bank

Originating Lender City

PARIS

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

381026.40

Forgiveness Date

05/21/2021

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