PPP Loan information for Bottleneck payroll, llc

$6,821,250

Bottleneck payroll, llc was initially approved for PPP Loan of amount $6,821,250, the current approved amount is $6,821,250. The loan was approved on 04/04/2020 by The Wintrust Bank, National Association reported 500 jobs and $6,821,250 was used to fund payroll.

Bottleneck payroll, llc is Existing or more than 2 years old

PPP Loan Search / IL / CHICAGO / Bottleneck payroll, llc

BOTTLENECK PAYROLL, LLC

Date Approved

04/04/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

BOTTLENECK PAYROLL, LLC

Borrower Address

2211 N Elston

Borrower City

CHICAGO

Borrower State

IL

Borrower Zip

60614

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

6821250.00

Current Approval Amount

6821250.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119179

Servicing Lender Name

Wintrust Bank, National Association

Servicing Lender Address

231 S LaSalle St, 13th Fl

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60604-1471

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHICAGO

Project County Name

COOK

Project State

IL

Project Zip

60614-0001

CD

IL-05

Jobs Reported

500

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

852656.00

Payroll Proceed

5115938.00

Mortgage Interest Proceed

852656.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

119179

Originating Lender

Wintrust Bank, National Association

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

6901210.21

Forgiveness Date

06/11/2021

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