PPP Loan information for American escrow and closing company

$507,918

American escrow and closing company was initially approved for PPP Loan of amount $507,918, the current approved amount is $507,918. The loan was approved on 04/11/2020 by The First American Bank reported 44 jobs and $507,918 was used to fund payroll.

American escrow and closing company is Existing or more than 2 years old

PPP Loan Search / IL / MOUNT PROSPECT / American escrow and closing company

AMERICAN ESCROW AND CLOSING COMPANY

Date Approved

04/11/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

AMERICAN ESCROW AND CLOSING COMPANY

Borrower Address

1699 Wall Street Suite 700

Borrower City

MOUNT PROSPECT

Borrower State

IL

Borrower Zip

60056-5708

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

507917.50

Current Approval Amount

507917.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21238

Servicing Lender Name

First American Bank

Servicing Lender Address

700 Busse Rd

Servicing Lender City

ELK GROVE VILLAGE

Servicing Lender State

IL

Servicing Lender Zip

60007-2137

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOUNT PROSPECT

Project County Name

COOK

Project State

IL

Project Zip

60056-5708

CD

IL-03

Jobs Reported

44

NAICS Code

531390

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

507917.50

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

Subchapter S Corporation

Originating Lender Location Id

21238

Originating Lender

First American Bank

Originating Lender City

ELK GROVE VILLAGE

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

512446.43

Forgiveness Date

03/17/2021

;