PPP Loan information for Michael kautz carpet and designs inc.

$159,223

Michael kautz carpet and designs inc. was initially approved for PPP Loan of amount $159,223, the current approved amount is $159,223. The loan was approved on 01/27/2021 by The First American Bank reported 13 jobs and $159,223 was used to fund payroll.

Michael kautz carpet and designs inc. is Existing or more than 2 years old

PPP Loan Search / IL / Mount Prospect / Michael kautz carpet and designs inc.

MICHAEL KAUTZ CARPET AND DESIGNS INC.

Date Approved

01/27/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

MICHAEL KAUTZ CARPET AND DESIGNS INC.

Borrower Address

730 E Northwest Hwy

Borrower City

Mount Prospect

Borrower State

IL

Borrower Zip

60056-3442

Loan Status Date

01/22/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

159222.50

Current Approval Amount

159222.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21238

Servicing Lender Name

First American Bank

Servicing Lender Address

700 Busse Rd

Servicing Lender City

ELK GROVE VILLAGE

Servicing Lender State

IL

Servicing Lender Zip

60007-2137

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Mount Prospect

Project County Name

COOK

Project State

IL

Project Zip

60056-3442

CD

IL-05

Jobs Reported

13

NAICS Code

442210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

159221.50

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

21238

Originating Lender

First American Bank

Originating Lender City

ELK GROVE VILLAGE

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

160558.20

Forgiveness Date

12/09/2021

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