PPP Loan information for Mutual ace hardware corporation

$87,178

Mutual ace hardware corporation was initially approved for PPP Loan of amount $87,178, the current approved amount is $87,178. The loan was approved on 04/10/2020 by The CIBM Bank reported 21 jobs and $87,178 was used to fund payroll.

Mutual ace hardware corporation is New Business or 2 years or less

PPP Loan Search / IL / PALATINE / Mutual ace hardware corporation

MUTUAL ACE HARDWARE CORPORATION

Date Approved

04/10/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MUTUAL ACE HARDWARE CORPORATION

Borrower Address

239 E Northwest Highway

Borrower City

PALATINE

Borrower State

IL

Borrower Zip

60067-8114

Loan Status Date

02/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

87177.50

Current Approval Amount

87177.50

Undisbursed Amount

0.00

Franchise Name

Ace Hardware

Servicing Lender Location Id

20240

Servicing Lender Name

CIBM Bank

Servicing Lender Address

2913 W Kirby Ave

Servicing Lender City

CHAMPAIGN

Servicing Lender State

IL

Servicing Lender Zip

61821-5301

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

PALATINE

Project County Name

COOK

Project State

IL

Project Zip

60067-8114

CD

IL-05

Jobs Reported

21

NAICS Code

444130

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

87177.50

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

20240

Originating Lender

CIBM Bank

Originating Lender City

CHAMPAIGN

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

87819.99

Forgiveness Date

01/08/2021

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