PPP Loan information for M14hoops inc

$113,790

M14hoops inc was initially approved for PPP Loan of amount $113,790, the current approved amount is $113,790. The loan was approved on 01/21/2021 by The American Community Bank & Trust reported 10 jobs and $113,790 was used to fund payroll.

M14hoops inc is Existing or more than 2 years old

M14HOOPS INC

Date Approved

01/21/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

M14HOOPS INC

Borrower Address

2414 Church RD

Borrower City

Aurora

Borrower State

IL

Borrower Zip

60505

Loan Status Date

02/04/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

113790.00

Current Approval Amount

113790.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124396

Servicing Lender Name

American Community Bank & Trust

Servicing Lender Address

1290 Lake Ave

Servicing Lender City

WOODSTOCK

Servicing Lender State

IL

Servicing Lender Zip

60098-7415

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Aurora

Project County Name

KANE

Project State

IL

Project Zip

60505

CD

IL-11

Jobs Reported

10

NAICS Code

713940

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

113788.00

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

124396

Originating Lender

American Community Bank & Trust

Originating Lender City

WOODSTOCK

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

114886.81

Forgiveness Date

01/11/2022

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