PPP Loan information for The midwest triumph corporation of mundelein

$153,500

The midwest triumph corporation of mundelein was initially approved for PPP Loan of amount $153,500, the current approved amount is $153,500. The loan was approved on 04/05/2020 by The Village Bank and Trust, National Association reported 20 jobs and $153,500 was used to fund payroll.

The midwest triumph corporation of mundelein is Existing or more than 2 years old

THE MIDWEST TRIUMPH CORPORATION OF MUNDELEIN

Date Approved

04/05/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

THE MIDWEST TRIUMPH CORPORATION OF MUNDELEIN

Borrower Address

550 E. NORTHWEST HWY

Borrower City

DES PLAINES

Borrower State

IL

Borrower Zip

60016-2203

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

153500.00

Current Approval Amount

153500.00

Undisbursed Amount

0.00

Franchise Name

Honda Powersports Sales and Service Agreements

Servicing Lender Location Id

119325

Servicing Lender Name

Village Bank and Trust, National Association

Servicing Lender Address

234 W Northwest Hwy

Servicing Lender City

ARLINGTON HEIGHTS

Servicing Lender State

IL

Servicing Lender Zip

60004-5934

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DES PLAINES

Project County Name

COOK

Project State

IL

Project Zip

60016-2203

CD

IL-05

Jobs Reported

20

NAICS Code

441228

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

12792.00

Payroll Proceed

115124.00

Mortgage Interest Proceed

0.00

Rent Proceed

12792.00

Refinance EIDL Proceed

0.00

Health Care Proceed

12792.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

119325

Originating Lender

Village Bank and Trust, National Association

Originating Lender City

ARLINGTON HEIGHTS

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

144444.71

Forgiveness Date

12/09/2020

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