PPP Loan information for Summer herbal inc.

$26,900

Summer herbal inc. was initially approved for PPP Loan of amount $26,900, the current approved amount is $26,900. The loan was approved on 05/01/2020 by The Citibank, N.A. reported 2 jobs and $26,900 was used to fund payroll.

Summer herbal inc. is Existing or more than 2 years old

SUMMER HERBAL INC.

Date Approved

05/01/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

SUMMER HERBAL INC.

Borrower Address

604 MALLARD LANE

Borrower City

OAK BROOK

Borrower State

IL

Borrower Zip

60523

Loan Status Date

Loan Status

Exemption 4

Term

59

SBA Guaranty Percentage

100

Initial Approval Amount

26900.00

Current Approval Amount

26900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

49274

Servicing Lender Name

Citibank, N.A.

Servicing Lender Address

5800 S. Corporate Place

Servicing Lender City

Sioux Falls

Servicing Lender State

SD

Servicing Lender Zip

57108

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OAK BROOK

Project County Name

DUPAGE

Project State

IL

Project Zip

60523-0402

CD

IL-07

Jobs Reported

2

NAICS Code

424210

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

26900.00

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

Subchapter S Corporation

Originating Lender Location Id

49274

Originating Lender

Citibank, N.A.

Originating Lender City

Sioux Falls

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

25688.00

Forgiveness Date

11/17/2020

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