PPP Loan information for Suburban development corporation

$56,566

Suburban development corporation was initially approved for PPP Loan of amount $56,566, the current approved amount is $56,566. The loan was approved on 05/04/2020 by The Bank of America, National Association reported 12 jobs and $56,566 was used to fund payroll.

Suburban development corporation is Existing or more than 2 years old

PPP Loan Search / IL / MATTESON / Suburban development corporation

SUBURBAN DEVELOPMENT CORPORATION

Date Approved

05/04/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

SUBURBAN DEVELOPMENT CORPORATION

Borrower Address

4527 lincoln hwy

Borrower City

MATTESON

Borrower State

IL

Borrower Zip

60443

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

56566.00

Current Approval Amount

56566.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MATTESON

Project County Name

COOK

Project State

IL

Project Zip

60443-0001

CD

IL-02

Jobs Reported

12

NAICS Code

722513

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

56566.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

56950.34

Forgiveness Date

01/08/2021

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