PPP Loan information for Sri technologies, inc.

$1,046,900

Sri technologies, inc. was initially approved for PPP Loan of amount $1,046,900, the current approved amount is $1,046,900. The loan was approved on 04/06/2020 by The Cornerstone National Bank & Trust Company reported 57 jobs and $1,046,900 was used to fund payroll.

Sri technologies, inc. is Existing or more than 2 years old

SRI TECHNOLOGIES, INC.

Date Approved

04/06/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

SRI TECHNOLOGIES, INC.

Borrower Address

1250 BANK DR

Borrower City

SCHAUMBURG

Borrower State

IL

Borrower Zip

60173-6014

Loan Status Date

01/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1046900.00

Current Approval Amount

1046900.00

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

60173-6014

CD

IL-08

Jobs Reported

57

NAICS Code

561320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

52345.00

Payroll Proceed

837520.00

Mortgage Interest Proceed

0.00

Rent Proceed

157035.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

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

1054111.98

Forgiveness Date

12/21/2020

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