PPP Loan information for Theofanous brothers inc

$194,500

Theofanous brothers inc was initially approved for PPP Loan of amount $194,500, the current approved amount is $194,500. The loan was approved on 04/08/2020 by The American Community Bank & Trust reported 70 jobs and $194,500 was used to fund payroll.

Theofanous brothers inc is Existing or more than 2 years old

PPP Loan Search / IL / CRYSTAL LAKE / Theofanous brothers inc

THEOFANOUS BROTHERS INC

Date Approved

04/08/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

THEOFANOUS BROTHERS INC

Borrower Address

5011 NORTHWEST HWY

Borrower City

CRYSTAL LAKE

Borrower State

IL

Borrower Zip

60014-7330

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

194500.00

Current Approval Amount

194500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124396

Servicing Lender Name

American Community Bank & Trust

Servicing Lender Address

1290 Lake Ave

Servicing Lender City

WOODSTOCK

Servicing Lender State

IL

Servicing Lender Zip

60098-7415

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CRYSTAL LAKE

Project County Name

MCHENRY

Project State

IL

Project Zip

60014-7330

CD

IL-09

Jobs Reported

70

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

194500.00

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

124396

Originating Lender

American Community Bank & Trust

Originating Lender City

WOODSTOCK

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

196731.35

Forgiveness Date

06/08/2021

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