PPP Loan information for Rahul patel inc.

$24,000

Rahul patel inc. was initially approved for PPP Loan of amount $24,000, the current approved amount is $24,000. The loan was approved on 04/28/2020 by The American Community Bank & Trust reported 7 jobs and $24,000 was used to fund payroll.

Rahul patel inc. is New Business or 2 years or less

RAHUL PATEL INC.

Date Approved

04/28/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

RAHUL PATEL INC.

Borrower Address

6225 NORTHWEST HIGHWAY

Borrower City

CRYSTAL LAKE

Borrower State

IL

Borrower Zip

60014-7932

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

24000.00

Current Approval Amount

24000.00

Undisbursed Amount

0.00

Franchise Name

7-Eleven, Inc - Individual Store Franchise Agreement

Servicing Lender Location Id

124396

Servicing Lender Name

American Community Bank & Trust

Servicing Lender Address

1290 Lake Ave

Servicing Lender City

WOODSTOCK

Servicing Lender State

IL

Servicing Lender Zip

60098-7415

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

CRYSTAL LAKE

Project County Name

MCHENRY

Project State

IL

Project Zip

60014-7932

CD

IL-09

Jobs Reported

7

NAICS Code

447110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

24000.00

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

124396

Originating Lender

American Community Bank & Trust

Originating Lender City

WOODSTOCK

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

24163.33

Forgiveness Date

01/08/2021

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