Areatha Construction

$294,800 PPP Loan in Streamwood, Illinois

Loan Details

Loan Number
5483997005
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$294,800
Current Approval
$294,831
Forgiveness Amount
$296,485
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Areatha Construction
Address
410 E North Ave
ZIP Code
60107-2524
Business Type
Corporation
Industry (NAICS)
Construction (238110)
Business Age
Existing or more than 2 years old
Jobs Reported
15
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-03

Loan Use Breakdown

Payroll
$221,123
Utilities
$36,854
Mortgage Interest
$36,854

Lender Information

Servicing Lender
Schaumburg Bank & Trust Company, National Association
Originating Lender
Schaumburg Bank & Trust Company, National Association

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