Red Seal Development Corp

$318,100 PPP Loan in Northbrook, Illinois

Loan Details

Loan Number
7549407006
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$318,100
Current Approval
$318,100
Forgiveness Amount
$321,847
Forgiveness Date
Jun 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Red Seal Development Corp
Address
425 Huehl Rd Building 18
ZIP Code
60062-2301
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (236220)
Business Age
Existing or more than 2 years old
Jobs Reported
18
Estimated Revenue
$20.5M
Rural/Urban
Urban
Congressional District
IL-10

Loan Use Breakdown

Payroll
$238,575
Utilities
$31,810
Mortgage Interest
$47,715

Lender Information

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

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