PPP Loan information for Loverde construction

$106,985

Loverde construction was initially approved for PPP Loan of amount $106,985, the current approved amount is $106,985. The loan was approved on 02/08/2021 by The Belmont Bank & Trust Company reported 6 jobs and $106,985 was used to fund payroll.

Loverde construction is Existing or more than 2 years old

LOVERDE CONSTRUCTION

Date Approved

02/08/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

LOVERDE CONSTRUCTION

Borrower Address

800 S Milwaukee Ave

Borrower City

Wheeling

Borrower State

IL

Borrower Zip

60090-6230

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

106985.00

Current Approval Amount

106985.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

441312

Servicing Lender Name

Belmont Bank & Trust Company

Servicing Lender Address

8250 W Belmont Ave

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60634

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Wheeling

Project County Name

COOK

Project State

IL

Project Zip

60090-6230

CD

IL-10

Jobs Reported

6

NAICS Code

237110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

106980.00

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

441312

Originating Lender

Belmont Bank & Trust Company

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

107353.50

Forgiveness Date

06/15/2021

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