PPP Loan information for Illinois state insurance agency, inc.

$38,374

Illinois state insurance agency, inc. was initially approved for PPP Loan of amount $38,374, the current approved amount is $38,374. The loan was approved on 04/13/2020 by The Cornerstone National Bank & Trust Company reported 5 jobs and $38,374 was used to fund payroll.

Illinois state insurance agency, inc. is Existing or more than 2 years old

ILLINOIS STATE INSURANCE AGENCY, INC.

Date Approved

04/13/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

ILLINOIS STATE INSURANCE AGENCY, INC.

Borrower Address

1717 N. RAND RD

Borrower City

PALATINE

Borrower State

IL

Borrower Zip

60074-2357

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

38374.00

Current Approval Amount

38374.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PALATINE

Project County Name

COOK

Project State

IL

Project Zip

60074-2357

CD

IL-08

Jobs Reported

5

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1918.70

Payroll Proceed

30699.20

Mortgage Interest Proceed

1918.70

Rent Proceed

3837.40

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

38659.67

Forgiveness Date

01/15/2021

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