PPP Loan information for Biofuels technology, llc

$121,570

Biofuels technology, llc was initially approved for PPP Loan of amount $381,500, the current approved amount is $121,570. The loan was approved on 04/06/2020 by The LendingClub Bank, National Association reported 17 jobs and $121,570 was used to fund payroll.

Biofuels technology, llc is Existing or more than 2 years old

PPP Loan Search / IL / NORTHBROOK / Biofuels technology, llc

BIOFUELS TECHNOLOGY, LLC

Date Approved

04/06/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

BIOFUELS TECHNOLOGY, LLC

Borrower Address

3501 WOODHEAD DR UNIT 5

Borrower City

NORTHBROOK

Borrower State

IL

Borrower Zip

60062-1814

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

381500.00

Current Approval Amount

121570.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

111901

Servicing Lender Name

LendingClub Bank, National Association

Servicing Lender Address

2701 N Thanksgiving Way

Servicing Lender City

LEHI

Servicing Lender State

UT

Servicing Lender Zip

84043

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORTHBROOK

Project County Name

COOK

Project State

IL

Project Zip

60062-1814

CD

IL-10

Jobs Reported

17

NAICS Code

926110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

121570.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

111901

Originating Lender

LendingClub Bank, National Association

Originating Lender City

LEHI

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

122235.26

Forgiveness Date

11/12/2020

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