PPP Loan information for Schmitt-lake street, llc

$124,100

Schmitt-lake street, llc was initially approved for PPP Loan of amount $124,100, the current approved amount is $124,100. The loan was approved on 04/28/2020 by The Old Second National Bank reported 42 jobs and $124,100 was used to fund payroll.

Schmitt-lake street, llc is Existing or more than 2 years old

PPP Loan Search / IL / AURORA / Schmitt-lake street, llc

SCHMITT-LAKE STREET, LLC

Date Approved

04/28/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

SCHMITT-LAKE STREET, LLC

Borrower Address

1975 W DOWNER PL Ste 302

Borrower City

AURORA

Borrower State

IL

Borrower Zip

60506-4480

Loan Status Date

05/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

124100.00

Current Approval Amount

124100.00

Undisbursed Amount

0.00

Franchise Name

McDonalds

Servicing Lender Location Id

20282

Servicing Lender Name

Old Second National Bank

Servicing Lender Address

37 S River St

Servicing Lender City

AURORA

Servicing Lender State

IL

Servicing Lender Zip

60506-4173

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

AURORA

Project County Name

KANE

Project State

IL

Project Zip

60506-4480

CD

IL-11

Jobs Reported

42

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

10544.00

Payroll Proceed

97556.00

Mortgage Interest Proceed

0.00

Rent Proceed

16000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

20282

Originating Lender

Old Second National Bank

Originating Lender City

AURORA

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

125034.20

Forgiveness Date

02/03/2021

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