PPP Loan information for Mutec, inc.

$89,842

Mutec, inc. was initially approved for PPP Loan of amount $89,842, the current approved amount is $89,842. The loan was approved on 04/08/2020 by The Village Bank and Trust, National Association reported 11 jobs and $89,842 was used to fund payroll.

Mutec, inc. is Existing or more than 2 years old

MUTEC, INC.

Date Approved

04/08/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MUTEC, INC.

Borrower Address

7650 Austin Ave

Borrower City

SKOKIE

Borrower State

IL

Borrower Zip

60077-2601

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

89842.00

Current Approval Amount

89842.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119325

Servicing Lender Name

Village Bank and Trust, National Association

Servicing Lender Address

234 W Northwest Hwy

Servicing Lender City

ARLINGTON HEIGHTS

Servicing Lender State

IL

Servicing Lender Zip

60004-5934

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

60077-2601

CD

IL-09

Jobs Reported

11

NAICS Code

541990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

8984.20

Payroll Proceed

67381.50

Mortgage Interest Proceed

13476.30

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

119325

Originating Lender

Village Bank and Trust, National Association

Originating Lender City

ARLINGTON HEIGHTS

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

80245.55

Forgiveness Date

11/05/2020

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