PPP Loan information for Microtrace llc

$206,562

Microtrace llc was initially approved for PPP Loan of amount $206,562, the current approved amount is $206,562. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 15 jobs and $206,562 was used to fund payroll.

Microtrace llc is Existing or more than 2 years old

MICROTRACE LLC

Date Approved

05/01/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MICROTRACE LLC

Borrower Address

790 FLETCHER DR STE 106

Borrower City

ELGIN

Borrower State

IL

Borrower Zip

60123

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

206562.00

Current Approval Amount

206562.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELGIN

Project County Name

KANE

Project State

IL

Project Zip

60123-0300

CD

IL-08

Jobs Reported

15

NAICS Code

541380

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2000.00

Payroll Proceed

166000.00

Mortgage Interest Proceed

0.00

Rent Proceed

30000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

8562.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

208085.85

Forgiveness Date

01/28/2021

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