PPP Loan information for Furnel, inc

$311,200

Furnel, inc was initially approved for PPP Loan of amount $311,200, the current approved amount is $311,200. The loan was approved on 04/04/2020 by The Union Bank and Trust Company reported 28 jobs and $311,200 was used to fund payroll.

Furnel, inc is Existing or more than 2 years old

FURNEL, INC

Date Approved

04/04/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

FURNEL, INC

Borrower Address

350 S Stewart Ave

Borrower City

ADDISON

Borrower State

IL

Borrower Zip

60101-3310

Loan Status Date

08/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

311200.00

Current Approval Amount

311200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

42290

Servicing Lender Name

Union Bank and Trust Company

Servicing Lender Address

3643 S 48th St

Servicing Lender City

LINCOLN

Servicing Lender State

NE

Servicing Lender Zip

68506-4341

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ADDISON

Project County Name

DUPAGE

Project State

IL

Project Zip

60101-3310

CD

IL-03

Jobs Reported

28

NAICS Code

326199

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

311200.00

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

42290

Originating Lender

Union Bank and Trust Company

Originating Lender City

LINCOLN

Originating Lender State

NE

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

315090.00

Forgiveness Date

07/08/2021

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