PPP Loan information for Capsonic automotive inc.

$311,707

Capsonic automotive inc. was initially approved for PPP Loan of amount $311,707, the current approved amount is $311,707. The loan was approved on 03/20/2021 by The Wintrust Bank, National Association reported 22 jobs and $311,707 was used to fund payroll.

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

PPP Loan Search / IL / Elgin / Capsonic automotive inc.

CAPSONIC AUTOMOTIVE INC.

Date Approved

03/20/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

CAPSONIC AUTOMOTIVE INC.

Borrower Address

460 2nd St

Borrower City

Elgin

Borrower State

IL

Borrower Zip

60123-7008

Loan Status Date

09/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

311707.00

Current Approval Amount

311707.00

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

60123-7008

CD

IL-08

Jobs Reported

22

NAICS Code

336413

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

311705.00

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

119179

Originating Lender

Wintrust Bank, National Association

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

315984.31

Forgiveness Date

08/09/2022

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