PPP Loan information for American decorating inc

$344,650

American decorating inc was initially approved for PPP Loan of amount $344,650, the current approved amount is $344,650. The loan was approved on 04/15/2020 by The BMO Harris Bank National Association reported 23 jobs and $344,650 was used to fund payroll.

American decorating inc is New Business or 2 years or less

AMERICAN DECORATING INC

Date Approved

04/15/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

AMERICAN DECORATING INC

Borrower Address

361 RENNER DRIVE

Borrower City

ELGIN

Borrower State

IL

Borrower Zip

60123

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

344650.00

Current Approval Amount

344650.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21442

Servicing Lender Name

BMO Harris Bank National Association

Servicing Lender Address

111 W Monroe St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-4096

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

ELGIN

Project County Name

KANE

Project State

IL

Project Zip

60123-0300

CD

IL-08

Jobs Reported

23

NAICS Code

236116

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

344650.00

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

21442

Originating Lender

BMO Harris Bank National Association

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

348153.15

Forgiveness Date

04/29/2021

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