PPP Loan information for Banyan two corporation

$263,892

Banyan two corporation was initially approved for PPP Loan of amount $263,892, the current approved amount is $263,892. The loan was approved on 04/11/2020 by The Teachers CU reported 19 jobs and $263,892 was used to fund payroll.

Banyan two corporation is New Business or 2 years or less

BANYAN TWO CORPORATION

Date Approved

04/11/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

BANYAN TWO CORPORATION

Borrower Address

3027 COMMERCIAL AVE

Borrower City

NORTHBROOK

Borrower State

IL

Borrower Zip

60062-1912

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

263892.00

Current Approval Amount

263892.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

96759

Servicing Lender Name

Teachers CU

Servicing Lender Address

110 S Main St

Servicing Lender City

SOUTH BEND

Servicing Lender State

IN

Servicing Lender Zip

46601-1805

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

NORTHBROOK

Project County Name

COOK

Project State

IL

Project Zip

60062-1912

CD

IL-10

Jobs Reported

19

NAICS Code

722320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

263892.00

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

88768

Originating Lender

New Buffalo Savings Bank

Originating Lender City

NEW BUFFALO

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

265865.77

Forgiveness Date

01/19/2021

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