PPP Loan information for Encap inc.

$528,500

Encap inc. was initially approved for PPP Loan of amount $528,500, the current approved amount is $528,500. The loan was approved on 04/21/2021 by The Union National Bank reported 34 jobs and $528,500 was used to fund payroll.

Encap inc. is Existing or more than 2 years old

PPP Loan Search / IL / DeKalb / Encap inc.

ENCAP INC.

Date Approved

04/21/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

ENCAP INC.

Borrower Address

2585 Wagner Ct

Borrower City

DeKalb

Borrower State

IL

Borrower Zip

60115-8609

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

528500.00

Current Approval Amount

528500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21320

Servicing Lender Name

Union National Bank

Servicing Lender Address

101 E Chicago St

Servicing Lender City

ELGIN

Servicing Lender State

IL

Servicing Lender Zip

60120-5583

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

60115-8609

CD

IL-14

Jobs Reported

34

NAICS Code

238910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

528497.00

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

Subchapter S Corporation

Originating Lender Location Id

21320

Originating Lender

Union National Bank

Originating Lender City

ELGIN

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

532507.79

Forgiveness Date

01/26/2022

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