PPP Loan information for Michael silver & company, llc

$950,000

Michael silver & company, llc was initially approved for PPP Loan of amount $950,000, the current approved amount is $950,000. The loan was approved on 04/05/2020 by The Lake Forest Bank & Trust Company, National Association reported 63 jobs and $950,000 was used to fund payroll.

Michael silver & company, llc is Existing or more than 2 years old

MICHAEL SILVER & COMPANY, LLC

Date Approved

04/05/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MICHAEL SILVER & COMPANY, LLC

Borrower Address

5750 OLD ORCHARD RD suite 200

Borrower City

SKOKIE

Borrower State

IL

Borrower Zip

60077-4404

Loan Status Date

06/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

950000.00

Current Approval Amount

950000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117732

Servicing Lender Name

Lake Forest Bank & Trust Company, National Association

Servicing Lender Address

727 N Bank Ln

Servicing Lender City

LAKE FOREST

Servicing Lender State

IL

Servicing Lender Zip

60045-1887

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SKOKIE

Project County Name

COOK

Project State

IL

Project Zip

60077-4404

CD

IL-09

Jobs Reported

63

NAICS Code

541211

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

50000.00

Payroll Proceed

875000.00

Mortgage Interest Proceed

25000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

117732

Originating Lender

Lake Forest Bank & Trust Company, National Association

Originating Lender City

LAKE FOREST

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

960238.89

Forgiveness Date

05/10/2021

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