PPP Loan information for American escrow & closing company

$507,918

American escrow & closing company was initially approved for PPP Loan of amount $507,918, the current approved amount is $507,918. The loan was approved on 01/25/2021 by The First American Bank reported 35 jobs and $507,918 was used to fund payroll.

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

PPP Loan Search / IL / Mount Prospect / American escrow & closing company

AMERICAN ESCROW & CLOSING COMPANY

Date Approved

01/25/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

AMERICAN ESCROW & CLOSING COMPANY

Borrower Address

1699 Wall St Ste 700

Borrower City

Mount Prospect

Borrower State

IL

Borrower Zip

60056-5798

Loan Status Date

12/21/2021

Loan Status

Paid in Full

Term

60

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

60056-5798

CD

IL-03

Jobs Reported

35

NAICS Code

531311

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

507916.50

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

511726.88

Forgiveness Date

11/02/2021

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