PPP Loan information for The cotillion banquets inc

$90,000

The cotillion banquets inc was initially approved for PPP Loan of amount $90,000, the current approved amount is $90,000. The loan was approved on 04/07/2020 by The Schaumburg Bank & Trust Company, National Association reported 29 jobs and $90,000 was used to fund payroll.

The cotillion banquets inc is Existing or more than 2 years old

THE COTILLION BANQUETS INC

Date Approved

04/07/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

THE COTILLION BANQUETS INC

Borrower Address

360 S CREEKSIDE DR

Borrower City

PALATINE

Borrower State

IL

Borrower Zip

60074-6502

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

90000.00

Current Approval Amount

90000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

222507

Servicing Lender Name

Schaumburg Bank & Trust Company, National Association

Servicing Lender Address

1180 E Higgins Rd

Servicing Lender City

SCHAUMBURG

Servicing Lender State

IL

Servicing Lender Zip

60173-4709

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PALATINE

Project County Name

COOK

Project State

IL

Project Zip

60074-6502

CD

IL-08

Jobs Reported

29

NAICS Code

722320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

11250.00

Payroll Proceed

67500.00

Mortgage Interest Proceed

11250.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

222507

Originating Lender

Schaumburg Bank & Trust Company, National Association

Originating Lender City

SCHAUMBURG

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

90662.50

Forgiveness Date

01/07/2021

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