Medstar Laboratory, Inc.

$1,005,600 PPP Loan in Hillside, Illinois

Loan Details

Loan Number
8010937100
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$1,005,600
Current Approval
$1,005,600
Forgiveness Amount
$1,013,673
Forgiveness Date
Feb 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Medstar Laboratory, Inc.
Address
4531 W Harrison St
ZIP Code
60162-1614
Business Type
Subchapter S Corporation
Industry (NAICS)
Health Care and Social Assistance (621511)
Business Age
Existing or more than 2 years old
Jobs Reported
187
Estimated Revenue
$43.3M
Rural/Urban
Urban
Congressional District
IL-07

Loan Use Breakdown

Payroll
$804,480
Rent
$100,560
Utilities
$50,280
Mortgage Interest
$50,280

Lender Information

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

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