PPP Loan information for Morris dental solutions, ltd.

Date Approved

04/05/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MORRIS DENTAL SOLUTIONS, LTD.

Borrower Address

195 N. ARLINGTON HEIGHTS RD

Borrower City

BUFFALO GROVE

Borrower State

IL

Borrower Zip

60089-1715

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

265100.00

Current Approval Amount

265100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203014

Servicing Lender Name

Cornerstone National Bank & Trust Company

Servicing Lender Address

One W Northwest Hwy

Servicing Lender City

PALATINE

Servicing Lender State

IL

Servicing Lender Zip

60067-3570

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BUFFALO GROVE

Project County Name

LAKE

Project State

IL

Project Zip

60089-1715

CD

IL-09

Jobs Reported

20

NAICS Code

621210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

13255.00

Payroll Proceed

212080.00

Mortgage Interest Proceed

13255.00

Rent Proceed

26510.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

203014

Originating Lender

Cornerstone National Bank & Trust Company

Originating Lender City

PALATINE

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

266587.51

Forgiveness Date

11/03/2020