PPP Loan information for Federated group inc

$1,311,497

Federated group inc was initially approved for PPP Loan of amount $1,311,497, the current approved amount is $1,311,497. The loan was approved on 04/07/2020 by The Hinsdale Bank & Trust Company, National Association reported 110 jobs and $1,311,497 was used to fund payroll.

Federated group inc is Existing or more than 2 years old

FEDERATED GROUP INC

Date Approved

04/07/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

FEDERATED GROUP INC

Borrower Address

3025 W Salt Creek Ln

Borrower City

ARLINGTON HEIGHTS

Borrower State

IL

Borrower Zip

60005-1083

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1311497.00

Current Approval Amount

1311497.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

118813

Servicing Lender Name

Hinsdale Bank & Trust Company, National Association

Servicing Lender Address

25 E First St

Servicing Lender City

HINSDALE

Servicing Lender State

IL

Servicing Lender Zip

60521-7825

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

60005-1083

CD

IL-08

Jobs Reported

110

NAICS Code

424410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

131149.00

Payroll Proceed

983623.00

Mortgage Interest Proceed

196725.00

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

118813

Originating Lender

Hinsdale Bank & Trust Company, National Association

Originating Lender City

HINSDALE

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1326287.77

Forgiveness Date

06/01/2021

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