PPP Loan information for Illinois shotokan karate inc.

$281,468

Illinois shotokan karate inc. was initially approved for PPP Loan of amount $281,468, the current approved amount is $281,468. The loan was approved on 02/07/2021 by The Cornerstone National Bank & Trust Company reported 43 jobs and $281,468 was used to fund payroll.

Illinois shotokan karate inc. is Existing or more than 2 years old

ILLINOIS SHOTOKAN KARATE INC.

Date Approved

02/07/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

ILLINOIS SHOTOKAN KARATE INC.

Borrower Address

327 N Eric Dr

Borrower City

Palatine

Borrower State

IL

Borrower Zip

60067-2510

Loan Status Date

03/04/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

281467.50

Current Approval Amount

281467.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203014

Servicing Lender Name

Cornerstone National Bank & Trust Company

Servicing Lender Address

One W Northwest Hwy

Servicing Lender City

PALATINE

Servicing Lender State

IL

Servicing Lender Zip

60067-3570

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Palatine

Project County Name

COOK

Project State

IL

Project Zip

60067-2510

CD

IL-05

Jobs Reported

43

NAICS Code

611620

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

281461.50

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

203014

Originating Lender

Cornerstone National Bank & Trust Company

Originating Lender City

PALATINE

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

284250.90

Forgiveness Date

02/08/2022

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