PPP Loan information for Towne towing inc

$54,151

Towne towing inc was initially approved for PPP Loan of amount $54,151, the current approved amount is $54,151. The loan was approved on 05/01/2020 by The U.S. Bank, National Association reported 6 jobs and $54,151 was used to fund payroll.

Towne towing inc is Existing or more than 2 years old

TOWNE TOWING INC

Date Approved

05/01/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

TOWNE TOWING INC

Borrower Address

400 VERMONT ST S

Borrower City

PALATINE

Borrower State

IL

Borrower Zip

60067

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

54151.00

Current Approval Amount

54151.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PALATINE

Project County Name

COOK

Project State

IL

Project Zip

60067-0200

CD

IL-05

Jobs Reported

6

NAICS Code

488410

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

54151.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

54900.09

Forgiveness Date

09/15/2021

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