Patching People, Inc.

$318,600 PPP Loan in Arlington Heights, Illinois

Loan Details

Loan Number
7060057002
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$318,600
Current Approval
$318,600
Forgiveness Amount
$321,821
Forgiveness Date
Apr 15, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Patching People, Inc.
Address
2324 Hamilton Rd
ZIP Code
60005-4810
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238990)
Business Age
Existing or more than 2 years old
Jobs Reported
25
Estimated Revenue
$8.5M
Rural/Urban
Urban
Congressional District
IL-03

Loan Use Breakdown

Payroll
$254,880
Rent
$31,860
Utilities
$15,930
Mortgage Interest
$15,930

Lender Information

Servicing Lender
Cornerstone National Bank & Trust Company
Originating Lender
Cornerstone National Bank & Trust Company

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