PPP Loan information for Best buy carpet, inc.

$408,600

Best buy carpet, inc. was initially approved for PPP Loan of amount $408,600, the current approved amount is $408,600. The loan was approved on 04/07/2020 by The Cornerstone National Bank & Trust Company reported 28 jobs and $408,600 was used to fund payroll.

Best buy carpet, inc. is Existing or more than 2 years old

BEST BUY CARPET, INC.

Date Approved

04/07/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

BEST BUY CARPET, INC.

Borrower Address

585 South ROUTE 59

Borrower City

AURORA

Borrower State

IL

Borrower Zip

60504-8168

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

408600.00

Current Approval Amount

408600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203014

Servicing Lender Name

Cornerstone National Bank & Trust Company

Servicing Lender Address

One W Northwest Hwy

Servicing Lender City

PALATINE

Servicing Lender State

IL

Servicing Lender Zip

60067-3570

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

AURORA

Project County Name

DUPAGE

Project State

IL

Project Zip

60504-8168

CD

IL-11

Jobs Reported

28

NAICS Code

238330

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

20430.00

Payroll Proceed

326880.00

Mortgage Interest Proceed

20430.00

Rent Proceed

40860.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

203014

Originating Lender

Cornerstone National Bank & Trust Company

Originating Lender City

PALATINE

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

400814.44

Forgiveness Date

11/03/2020

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