PPP Loan information for Shoelace, inc.

$41,425

Shoelace, inc. was initially approved for PPP Loan of amount $41,425, the current approved amount is $41,425. The loan was approved on 06/19/2020 by The Crystal Lake Bank & Trust Company, National Association reported 11 jobs and $41,425 was used to fund payroll.

Shoelace, inc. is Existing or more than 2 years old

SHOELACE, INC.

Date Approved

06/19/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

SHOELACE, INC.

Borrower Address

23 N. WILLIAMS ST

Borrower City

CRYSTAL LAKE

Borrower State

IL

Borrower Zip

60014-4403

Loan Status Date

05/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

41425.00

Current Approval Amount

41425.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122557

Servicing Lender Name

Crystal Lake Bank & Trust Company, National Association

Servicing Lender Address

70 N Williams St

Servicing Lender City

CRYSTAL LAKE

Servicing Lender State

IL

Servicing Lender Zip

60014-4444

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CRYSTAL LAKE

Project County Name

MCHENRY

Project State

IL

Project Zip

60014-4403

CD

IL-11

Jobs Reported

11

NAICS Code

424340

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4142.50

Payroll Proceed

31068.75

Mortgage Interest Proceed

0.00

Rent Proceed

6213.75

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

122557

Originating Lender

Crystal Lake Bank & Trust Company, National Association

Originating Lender City

CRYSTAL LAKE

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

41761.00

Forgiveness Date

04/08/2021

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