PPP Loan information for Mchenry county economic development corporation

$46,800

Mchenry county economic development corporation was initially approved for PPP Loan of amount $46,800, the current approved amount is $46,800. The loan was approved on 01/23/2021 by The Sauk Valley Bank & Trust Company reported 3 jobs and $46,800 was used to fund payroll.

Mchenry county economic development corporation is Existing or more than 2 years old

PPP Loan Search / IL / Crystal Lake / Mchenry county economic development corporation

MCHENRY COUNTY ECONOMIC DEVELOPMENT CORPORATION

Date Approved

01/23/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

MCHENRY COUNTY ECONOMIC DEVELOPMENT CORPORATION

Borrower Address

620 Dakota St

Borrower City

Crystal Lake

Borrower State

IL

Borrower Zip

60012-3732

Loan Status Date

12/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

46800.00

Current Approval Amount

46800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124000

Servicing Lender Name

Sauk Valley Bank & Trust Company

Servicing Lender Address

201 W 3rd St

Servicing Lender City

STERLING

Servicing Lender State

IL

Servicing Lender Zip

61081-3506

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Crystal Lake

Project County Name

MCHENRY

Project State

IL

Project Zip

60012-3732

CD

IL-11

Jobs Reported

3

NAICS Code

926110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

46795.00

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

124000

Originating Lender

Sauk Valley Bank & Trust Company

Originating Lender City

STERLING

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

47166.60

Forgiveness Date

11/15/2021

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