PPP Loan information for My fav electronics inc.

$610,881

My fav electronics inc. was initially approved for PPP Loan of amount $610,881, the current approved amount is $610,881. The loan was approved on 01/21/2021 by The Village Bank and Trust, National Association reported 61 jobs and $610,881 was used to fund payroll.

My fav electronics inc. is Existing or more than 2 years old

PPP Loan Search / IL / Skokie / My fav electronics inc.

MY FAV ELECTRONICS INC.

Date Approved

01/21/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

MY FAV ELECTRONICS INC.

Borrower Address

7603 New Gross Point Rd

Borrower City

Skokie

Borrower State

IL

Borrower Zip

60077-2647

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

610881.00

Current Approval Amount

610881.00

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

60077-2647

CD

IL-09

Jobs Reported

61

NAICS Code

454110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

610881.00

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

Corporation

Originating Lender Location Id

119325

Originating Lender

Village Bank and Trust, National Association

Originating Lender City

ARLINGTON HEIGHTS

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

614987.48

Forgiveness Date

09/29/2021

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