PPP Loan information for Svanaco, inc.

$6,287,000

Svanaco, inc. was initially approved for PPP Loan of amount $6,287,000, the current approved amount is $6,287,000. The loan was approved on 04/06/2020 by The Wintrust Bank, National Association reported 385 jobs and $6,287,000 was used to fund payroll.

Svanaco, inc. is Existing or more than 2 years old

PPP Loan Search / IL / DES PLAINES / Svanaco, inc.

SVANACO, INC.

Date Approved

04/06/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

SVANACO, INC.

Borrower Address

2600 S River Rd

Borrower City

DES PLAINES

Borrower State

IL

Borrower Zip

60018-3203

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

6287000.00

Current Approval Amount

6287000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119179

Servicing Lender Name

Wintrust Bank, National Association

Servicing Lender Address

231 S LaSalle St, 13th Fl

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60604-1471

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DES PLAINES

Project County Name

COOK

Project State

IL

Project Zip

60018-3203

CD

IL-08

Jobs Reported

385

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

785875.00

Payroll Proceed

4715250.00

Mortgage Interest Proceed

0.00

Rent Proceed

785875.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

119179

Originating Lender

Wintrust Bank, National Association

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

6360522.97

Forgiveness Date

06/11/2021

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