PPP Loan information for Bancare inc.

$601,098

Bancare inc. was initially approved for PPP Loan of amount $601,098, the current approved amount is $601,098. The loan was approved on 01/22/2021 by The Village Bank and Trust, National Association reported 37 jobs and $601,098 was used to fund payroll.

Bancare inc. is Existing or more than 2 years old

BANCARE INC.

Date Approved

01/22/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

BANCARE INC.

Borrower Address

6 E College Dr

Borrower City

Arlington Heights

Borrower State

IL

Borrower Zip

60004-1952

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

601098.00

Current Approval Amount

601098.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119325

Servicing Lender Name

Village Bank and Trust, National Association

Servicing Lender Address

234 W Northwest Hwy

Servicing Lender City

ARLINGTON HEIGHTS

Servicing Lender State

IL

Servicing Lender Zip

60004-5934

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

60004-1952

CD

IL-05

Jobs Reported

37

NAICS Code

811310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

601098.00

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

119325

Originating Lender

Village Bank and Trust, National Association

Originating Lender City

ARLINGTON HEIGHTS

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

604487.52

Forgiveness Date

08/23/2021

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