PPP Loan information for Cobra concrete cutting services co

$1,823,222

Cobra concrete cutting services co was initially approved for PPP Loan of amount $1,823,222, the current approved amount is $1,823,222. The loan was approved on 04/09/2020 by The Busey Bank reported 80 jobs and $1,823,222 was used to fund payroll.

Cobra concrete cutting services co is Existing or more than 2 years old

COBRA CONCRETE CUTTING SERVICES CO

Date Approved

04/09/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

COBRA CONCRETE CUTTING SERVICES CO

Borrower Address

2416 E Oakton

Borrower City

Arlington Heights

Borrower State

IL

Borrower Zip

60005

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1823222.00

Current Approval Amount

1823222.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22749

Servicing Lender Name

Busey Bank

Servicing Lender Address

100 W University Ave

Servicing Lender City

CHAMPAIGN

Servicing Lender State

IL

Servicing Lender Zip

61820-3910

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Arlington Heights

Project County Name

COOK

Project State

IL

Project Zip

60005-1000

CD

IL-08

Jobs Reported

80

NAICS Code

238910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1823222.00

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

22749

Originating Lender

Busey Bank

Originating Lender City

CHAMPAIGN

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1837048.10

Forgiveness Date

01/08/2021

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