PPP Loan information for The patching people inc.

$318,619

The patching people inc. was initially approved for PPP Loan of amount $318,619, the current approved amount is $318,619. The loan was approved on 01/21/2021 by The Cornerstone National Bank & Trust Company reported 25 jobs and $318,619 was used to fund payroll.

The patching people inc. is Existing or more than 2 years old

PPP Loan Search / IL / Arlington Heights / The patching people inc.

THE PATCHING PEOPLE INC.

Date Approved

01/21/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

THE PATCHING PEOPLE INC.

Borrower Address

2324 Hamilton Rd

Borrower City

Arlington Heights

Borrower State

IL

Borrower Zip

60005-4810

Loan Status Date

11/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

318619.00

Current Approval Amount

318619.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203014

Servicing Lender Name

Cornerstone National Bank & Trust Company

Servicing Lender Address

One W Northwest Hwy

Servicing Lender City

PALATINE

Servicing Lender State

IL

Servicing Lender Zip

60067-3570

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Arlington Heights

Project County Name

COOK

Project State

IL

Project Zip

60005-4810

CD

IL-03

Jobs Reported

25

NAICS Code

238990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

318619.00

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

Subchapter S Corporation

Originating Lender Location Id

203014

Originating Lender

Cornerstone National Bank & Trust Company

Originating Lender City

PALATINE

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

320990.94

Forgiveness Date

10/25/2021

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