PPP Loan information for Imperial woodworking company

$2,000,000

Imperial woodworking company was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/18/2021 by The Cornerstone National Bank & Trust Company reported 75 jobs and $2,000,000 was used to fund payroll.

Imperial woodworking company is Existing or more than 2 years old

PPP Loan Search / IL / Palatine / Imperial woodworking company

IMPERIAL WOODWORKING COMPANY

Date Approved

02/18/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

IMPERIAL WOODWORKING COMPANY

Borrower Address

310 N Woodwork Ln

Borrower City

Palatine

Borrower State

IL

Borrower Zip

60067-4933

Loan Status Date

12/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

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

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

60067-4933

CD

IL-05

Jobs Reported

75

NAICS Code

321918

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2000000.00

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

203014

Originating Lender

Cornerstone National Bank & Trust Company

Originating Lender City

PALATINE

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2015277.78

Forgiveness Date

11/24/2021

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