PPP Loan information for Michael kautz carpets & designs

$111,069

Michael kautz carpets & designs was initially approved for PPP Loan of amount $111,070, the current approved amount is $111,069. The loan was approved on 04/11/2020 by The First American Bank reported 8 jobs and $111,069 was used to fund payroll.

Michael kautz carpets & designs is Existing or more than 2 years old

MICHAEL KAUTZ CARPETS & DESIGNS

Date Approved

04/11/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MICHAEL KAUTZ CARPETS & DESIGNS

Borrower Address

Michael Kautz Carpets & Designs

Borrower City

MOUNT PROSPECT

Borrower State

IL

Borrower Zip

60056

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

111070.00

Current Approval Amount

111069.08

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

60056-0001

CD

IL-05

Jobs Reported

8

NAICS Code

442210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

111069.08

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

112108.81

Forgiveness Date

03/31/2021

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