PPP Loan information for Ultimate paint shop ii, inc.

Date Approved

04/07/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

ULTIMATE PAINT SHOP II, INC.

Borrower Address

2050 1ST ST

Borrower City

HIGHLAND PARK

Borrower State

IL

Borrower Zip

60035-2406

Loan Status Date

07/02/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

198250.00

Current Approval Amount

198250.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117732

Servicing Lender Name

Lake Forest Bank & Trust Company, National Association

Servicing Lender Address

727 N Bank Ln

Servicing Lender City

LAKE FOREST

Servicing Lender State

IL

Servicing Lender Zip

60045-1887

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HIGHLAND PARK

Project County Name

LAKE

Project State

IL

Project Zip

60035-2406

CD

IL-10

Jobs Reported

13

NAICS Code

336111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2479.13

Payroll Proceed

148687.50

Mortgage Interest Proceed

23542.19

Rent Proceed

23541.18

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

117732

Originating Lender

Lake Forest Bank & Trust Company, National Association

Originating Lender City

LAKE FOREST

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

199395.44

Forgiveness Date

11/12/2020