PPP Loan information for Sanchez paving company

$525,500

Sanchez paving company was initially approved for PPP Loan of amount $338,900, the current approved amount is $525,500. The loan was approved on 04/09/2020 by The American Commercial Bank & Trust, National Association reported 34 jobs and $525,500 was used to fund payroll.

Sanchez paving company is Existing or more than 2 years old

SANCHEZ PAVING COMPANY

Date Approved

04/09/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

SANCHEZ PAVING COMPANY

Borrower Address

16309 CRAWFORD AVE

Borrower City

MARKHAM

Borrower State

IL

Borrower Zip

60428-5309

Loan Status Date

09/30/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

338900.00

Current Approval Amount

525500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22237

Servicing Lender Name

American Commercial Bank & Trust, National Association

Servicing Lender Address

701 LaSalle St

Servicing Lender City

OTTAWA

Servicing Lender State

IL

Servicing Lender Zip

61350-5011

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MARKHAM

Project County Name

COOK

Project State

IL

Project Zip

60428-5309

CD

IL-01

Jobs Reported

34

NAICS Code

324121

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

525500.00

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

22237

Originating Lender

American Commercial Bank & Trust, National Association

Originating Lender City

OTTAWA

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

532638.04

Forgiveness Date

08/17/2021

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