PPP Loan information for American demolition corporation

$2,600,023

American demolition corporation was initially approved for PPP Loan of amount $2,600,023, the current approved amount is $2,600,023. The loan was approved on 04/14/2020 by The Old Second National Bank reported 167 jobs and $2,600,023 was used to fund payroll.

American demolition corporation is New Business or 2 years or less

PPP Loan Search / IL / ELGIN / American demolition corporation

AMERICAN DEMOLITION CORPORATION

Date Approved

04/14/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

AMERICAN DEMOLITION CORPORATION

Borrower Address

305 RAMONA DR

Borrower City

ELGIN

Borrower State

IL

Borrower Zip

60120

Loan Status Date

06/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2600023.00

Current Approval Amount

2600023.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20282

Servicing Lender Name

Old Second National Bank

Servicing Lender Address

37 S River St

Servicing Lender City

AURORA

Servicing Lender State

IL

Servicing Lender Zip

60506-4173

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

ELGIN

Project County Name

KANE

Project State

IL

Project Zip

60120-0801

CD

IL-03

Jobs Reported

167

NAICS Code

238910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2600023.00

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

20282

Originating Lender

Old Second National Bank

Originating Lender City

AURORA

Originating Lender State

IL

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

2629273.26

Forgiveness Date

05/28/2021

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