PPP Loan information for Lavelle law, ltd.

$961,600

Lavelle law, ltd. was initially approved for PPP Loan of amount $961,600, the current approved amount is $961,600. The loan was approved on 04/04/2020 by The Cornerstone National Bank & Trust Company reported 47 jobs and $961,600 was used to fund payroll.

Lavelle law, ltd. is Existing or more than 2 years old

PPP Loan Search / IL / SCHAUMBURG / Lavelle law, ltd.

LAVELLE LAW, LTD.

Date Approved

04/04/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

LAVELLE LAW, LTD.

Borrower Address

1933 N Meacham Rd Suite 600

Borrower City

SCHAUMBURG

Borrower State

IL

Borrower Zip

60173-4303

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

961600.00

Current Approval Amount

961600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203014

Servicing Lender Name

Cornerstone National Bank & Trust Company

Servicing Lender Address

One W Northwest Hwy

Servicing Lender City

PALATINE

Servicing Lender State

IL

Servicing Lender Zip

60067-3570

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SCHAUMBURG

Project County Name

COOK

Project State

IL

Project Zip

60173-4303

CD

IL-08

Jobs Reported

47

NAICS Code

624229

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

48080.00

Payroll Proceed

769280.00

Mortgage Interest Proceed

48080.00

Rent Proceed

96160.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

203014

Originating Lender

Cornerstone National Bank & Trust Company

Originating Lender City

PALATINE

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

957071.70

Forgiveness Date

11/09/2020

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