PPP Loan information for Capsonic automotive, inc.

$311,709

Capsonic automotive, inc. was initially approved for PPP Loan of amount $311,709, the current approved amount is $311,709. The loan was approved on 04/15/2020 by The Wintrust Bank, National Association reported 22 jobs and $311,709 was used to fund payroll.

Capsonic automotive, inc. is Existing or more than 2 years old

CAPSONIC AUTOMOTIVE, INC.

Date Approved

04/15/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

CAPSONIC AUTOMOTIVE, INC.

Borrower Address

460 S. Second Street

Borrower City

ELGIN

Borrower State

IL

Borrower Zip

60123

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

311709.00

Current Approval Amount

311709.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119179

Servicing Lender Name

Wintrust Bank, National Association

Servicing Lender Address

231 S LaSalle St, 13th Fl

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60604-1471

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELGIN

Project County Name

KANE

Project State

IL

Project Zip

60123-0300

CD

IL-08

Jobs Reported

22

NAICS Code

335314

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

31171.00

Payroll Proceed

233782.00

Mortgage Interest Proceed

0.00

Rent Proceed

46756.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

119179

Originating Lender

Wintrust Bank, National Association

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

315302.31

Forgiveness Date

06/11/2021

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