PPP Loan information for Institute of gas technology

$8,548,767

Institute of gas technology was initially approved for PPP Loan of amount $8,548,767, the current approved amount is $8,548,767. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 410 jobs and $8,548,767 was used to fund payroll.

Institute of gas technology is New Business or 2 years or less

PPP Loan Search / IL / Des Plaines / Institute of gas technology

INSTITUTE OF GAS TECHNOLOGY

Date Approved

05/01/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

INSTITUTE OF GAS TECHNOLOGY

Borrower Address

1700 S Mount Prospect Rd

Borrower City

Des Plaines

Borrower State

IL

Borrower Zip

60018

Loan Status Date

09/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

8548767.00

Current Approval Amount

8548767.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Des Plaines

Project County Name

COOK

Project State

IL

Project Zip

60018-0501

CD

IL-08

Jobs Reported

410

NAICS Code

541712

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

8548767.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

8353937.06

Forgiveness Date

07/14/2022

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