PPP Loan information for Village cycle & supply, inc.

$105,500

Village cycle & supply, inc. was initially approved for PPP Loan of amount $105,500, the current approved amount is $105,500. The loan was approved on 04/08/2020 by The Cornerstone National Bank & Trust Company reported 18 jobs and $105,500 was used to fund payroll.

Village cycle & supply, inc. is Existing or more than 2 years old

PPP Loan Search / IL / ARLINGTON HEIGHTS / Village cycle & supply, inc.

VILLAGE CYCLE & SUPPLY, INC.

Date Approved

04/08/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

VILLAGE CYCLE & SUPPLY, INC.

Borrower Address

1326 N. Rand Rd

Borrower City

ARLINGTON HEIGHTS

Borrower State

IL

Borrower Zip

60004-4306

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

105500.00

Current Approval Amount

105500.00

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

60004-4306

CD

IL-05

Jobs Reported

18

NAICS Code

451110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5275.00

Payroll Proceed

84400.00

Mortgage Interest Proceed

5275.00

Rent Proceed

10550.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

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

106282.46

Forgiveness Date

01/11/2021

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