PPP Loan information for Lifetec, inc

$53,117

Lifetec, inc was initially approved for PPP Loan of amount $53,117, the current approved amount is $53,117. The loan was approved on 04/09/2020 by The Busey Bank reported 6 jobs and $53,117 was used to fund payroll.

Lifetec, inc is Existing or more than 2 years old

LIFETEC, INC

Date Approved

04/09/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

LIFETEC, INC

Borrower Address

1710 S Wolf Rd

Borrower City

Wheeling

Borrower State

IL

Borrower Zip

60090

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

53117.00

Current Approval Amount

53117.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22749

Servicing Lender Name

Busey Bank

Servicing Lender Address

100 W University Ave

Servicing Lender City

CHAMPAIGN

Servicing Lender State

IL

Servicing Lender Zip

61820-3910

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wheeling

Project County Name

COOK

Project State

IL

Project Zip

60090-0001

CD

IL-10

Jobs Reported

6

NAICS Code

423450

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

53117.00

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

Corporation

Originating Lender Location Id

22749

Originating Lender

Busey Bank

Originating Lender City

CHAMPAIGN

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

53587.68

Forgiveness Date

02/24/2021

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