PPP Loan information for Booming inc.

$49,523

Booming inc. was initially approved for PPP Loan of amount $49,523, the current approved amount is $49,523. The loan was approved on 04/13/2020 by The International Bank of Chicago reported 28 jobs and $49,523 was used to fund payroll.

Booming inc. is Existing or more than 2 years old

BOOMING INC.

Date Approved

04/13/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

BOOMING INC.

Borrower Address

360 W HALF DAY RD

Borrower City

BUFFALO GROVE

Borrower State

IL

Borrower Zip

60089-6547

Loan Status Date

02/03/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

49522.50

Current Approval Amount

49522.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117945

Servicing Lender Name

International Bank of Chicago

Servicing Lender Address

5069 N Broadway

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60640-3014

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BUFFALO GROVE

Project County Name

LAKE

Project State

IL

Project Zip

60089-6547

CD

IL-10

Jobs Reported

28

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

49522.50

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

Corporation

Originating Lender Location Id

117945

Originating Lender

International Bank of Chicago

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

49876.04

Forgiveness Date

01/07/2021

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