PPP Loan information for Verlare cleaners of elmhurst, incorporated

$201,892

Verlare cleaners of elmhurst, incorporated was initially approved for PPP Loan of amount $199,040, the current approved amount is $201,892. The loan was approved on 02/03/2021 by The U.S. Bank, National Association reported 35 jobs and $201,892 was used to fund payroll.

Verlare cleaners of elmhurst, incorporated is Existing or more than 2 years old

PPP Loan Search / IL / Elmhurst / Verlare cleaners of elmhurst, incorporated

VERLARE CLEANERS OF ELMHURST, INCORPORATED

Date Approved

02/03/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

VERLARE CLEANERS OF ELMHURST, INCORPORATED

Borrower Address

104 W Vallette St

Borrower City

Elmhurst

Borrower State

IL

Borrower Zip

60126-4451

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

199040.00

Current Approval Amount

201892.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Elmhurst

Project County Name

DUPAGE

Project State

IL

Project Zip

60126-4451

CD

IL-06

Jobs Reported

35

NAICS Code

812320

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

201889.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

202929.50

Forgiveness Date

08/23/2021

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