PPP Loan information for Commercial floor covering inc.

$2,000,000

Commercial floor covering inc. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/01/2021 by The Iroquois Federal Savings & Loan Association reported 71 jobs and $2,000,000 was used to fund payroll.

Commercial floor covering inc. is Existing or more than 2 years old

PPP Loan Search / IL / Champaign / Commercial floor covering inc.

COMMERCIAL FLOOR COVERING INC.

Date Approved

02/01/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

COMMERCIAL FLOOR COVERING INC.

Borrower Address

3611 N Staley Rd

Borrower City

Champaign

Borrower State

IL

Borrower Zip

61822-8949

Loan Status Date

02/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

82803

Servicing Lender Name

Iroquois Federal Savings & Loan Association

Servicing Lender Address

201 E Cherry St

Servicing Lender City

WATSEKA

Servicing Lender State

IL

Servicing Lender Zip

60970-1661

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Champaign

Project County Name

CHAMPAIGN

Project State

IL

Project Zip

61822-8949

CD

IL-15

Jobs Reported

71

NAICS Code

238330

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1999998.00

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

82803

Originating Lender

Iroquois Federal Savings & Loan Association

Originating Lender City

WATSEKA

Originating Lender State

IL

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2018794.52

Forgiveness Date

01/20/2022

;