PPP Loan information for Municipal collections of america inc

$296,230

Municipal collections of america inc was initially approved for PPP Loan of amount $296,230, the current approved amount is $296,230. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 34 jobs and $296,230 was used to fund payroll.

Municipal collections of america inc is Existing or more than 2 years old

PPP Loan Search / IL / LANSING / Municipal collections of america inc

MUNICIPAL COLLECTIONS OF AMERICA INC

Date Approved

05/01/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MUNICIPAL COLLECTIONS OF AMERICA INC

Borrower Address

3348 RIDGE RD

Borrower City

LANSING

Borrower State

IL

Borrower Zip

60438

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

296230.00

Current Approval Amount

296230.00

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

LANSING

Project County Name

COOK

Project State

IL

Project Zip

60438-0001

CD

IL-02

Jobs Reported

34

NAICS Code

561440

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4600.00

Payroll Proceed

219630.00

Mortgage Interest Proceed

0.00

Rent Proceed

24000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

48000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

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

299713.66

Forgiveness Date

07/08/2021

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