PPP Loan information for Cole pallet services corporation

$400,200

Cole pallet services corporation was initially approved for PPP Loan of amount $400,200, the current approved amount is $400,200. The loan was approved on 04/08/2020 by The Resource Bank, National Association reported 47 jobs and $400,200 was used to fund payroll.

Cole pallet services corporation is Existing or more than 2 years old

PPP Loan Search / IL / DEKALB / Cole pallet services corporation

COLE PALLET SERVICES CORPORATION

Date Approved

04/08/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

COLE PALLET SERVICES CORPORATION

Borrower Address

1600 S. 7TH ST

Borrower City

DEKALB

Borrower State

IL

Borrower Zip

60115-4742

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

400200.00

Current Approval Amount

400200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21856

Servicing Lender Name

Resource Bank, National Association

Servicing Lender Address

555 Bethany Rd

Servicing Lender City

DEKALB

Servicing Lender State

IL

Servicing Lender Zip

60115-4941

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DEKALB

Project County Name

DEKALB

Project State

IL

Project Zip

60115-4742

CD

IL-14

Jobs Reported

47

NAICS Code

321920

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

10200.00

Payroll Proceed

376000.00

Mortgage Interest Proceed

0.00

Rent Proceed

5000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

9000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

21856

Originating Lender

Resource Bank, National Association

Originating Lender City

DEKALB

Originating Lender State

IL

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

402645.67

Forgiveness Date

11/23/2020

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