PPP Loan information for Research products international corporation

$466,700

Research products international corporation was initially approved for PPP Loan of amount $466,700, the current approved amount is $466,700. The loan was approved on 04/07/2020 by The Cornerstone National Bank & Trust Company reported 31 jobs and $466,700 was used to fund payroll.

Research products international corporation is Existing or more than 2 years old

PPP Loan Search / IL / MOUNT PROSPECT / Research products international corporation

RESEARCH PRODUCTS INTERNATIONAL CORPORATION

Date Approved

04/07/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

RESEARCH PRODUCTS INTERNATIONAL CORPORATION

Borrower Address

410 E BUSINESS CENTER DR

Borrower City

MOUNT PROSPECT

Borrower State

IL

Borrower Zip

60056-2164

Loan Status Date

05/27/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

466700.00

Current Approval Amount

466700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203014

Servicing Lender Name

Cornerstone National Bank & Trust Company

Servicing Lender Address

One W Northwest Hwy

Servicing Lender City

PALATINE

Servicing Lender State

IL

Servicing Lender Zip

60067-3570

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOUNT PROSPECT

Project County Name

COOK

Project State

IL

Project Zip

60056-2164

CD

IL-05

Jobs Reported

31

NAICS Code

334516

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

23335.00

Payroll Proceed

373360.00

Mortgage Interest Proceed

0.00

Rent Proceed

46670.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

23335

Business Type

Corporation

Originating Lender Location Id

203014

Originating Lender

Cornerstone National Bank & Trust Company

Originating Lender City

PALATINE

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

471755.92

Forgiveness Date

05/12/2021

;