PPP Loan information for Bancare, inc.

$608,257

Bancare, inc. was initially approved for PPP Loan of amount $779,300, the current approved amount is $608,257. The loan was approved on 04/05/2020 by The Village Bank and Trust, National Association reported 38 jobs and $608,257 was used to fund payroll.

Bancare, inc. is Existing or more than 2 years old

PPP Loan Search / IL / ARLINGTON HEIGHTS / Bancare, inc.

BANCARE, INC.

Date Approved

04/05/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

BANCARE, INC.

Borrower Address

E COLLEGE DR

Borrower City

ARLINGTON HEIGHTS

Borrower State

IL

Borrower Zip

60004-1950

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

779300.00

Current Approval Amount

608257.00

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

Y

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

60004-1950

CD

IL-05

Jobs Reported

38

NAICS Code

423420

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

38016.00

Payroll Proceed

456192.00

Mortgage Interest Proceed

0.00

Rent Proceed

38016.00

Refinance EIDL Proceed

0.00

Health Care Proceed

38016.00

Debt Interest Proceed

38017

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

602095.82

Forgiveness Date

12/02/2020

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