Date Approved
04/15/2020
SBA Office Code
0507
Processing Method
PPP
Borrower Name
VERNON DEVELOPMENT, INC.
Borrower Address
18670 Graphics Dr. Suite 2020
Borrower City
Tinley Park
Borrower State
IL
Borrower Zip
60477
Loan Status Date
03/09/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
126419.05
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
397957
Servicing Lender Name
Providence Bank & Trust
Servicing Lender Address
630 E 162nd St
Servicing Lender City
SOUTH HOLLAND
Servicing Lender State
Servicing Lender Zip
60473-2328
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
COOK
Project State
Project Zip
60477-0001
CD
IL-06
Jobs Reported
8
NAICS Code
238910
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
114247.50
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
12171.55
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
127412.84
Forgiveness Date
02/03/2021