PPP Loan information for State of the art auto body, inc

$85,000

State of the art auto body, inc was initially approved for PPP Loan of amount $85,000, the current approved amount is $85,000. The loan was approved on 04/06/2020 by The 1st Equity Bank reported 6 jobs and $85,000 was used to fund payroll.

State of the art auto body, inc is Existing or more than 2 years old

STATE OF THE ART AUTO BODY, INC

Date Approved

04/06/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

STATE OF THE ART AUTO BODY, INC

Borrower Address

8250 N. MCCORMICK

Borrower City

SKOKIE

Borrower State

IL

Borrower Zip

60076-2921

Loan Status Date

03/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

85000.00

Current Approval Amount

85000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121519

Servicing Lender Name

1st Equity Bank

Servicing Lender Address

3956 W Dempster St

Servicing Lender City

SKOKIE

Servicing Lender State

IL

Servicing Lender Zip

60076-2236

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SKOKIE

Project County Name

COOK

Project State

IL

Project Zip

60076-2921

CD

IL-09

Jobs Reported

6

NAICS Code

523130

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

85000.00

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

121519

Originating Lender

1st Equity Bank

Originating Lender City

SKOKIE

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

85735.89

Forgiveness Date

02/25/2021

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