Village Cycle & Supply, Inc.

$105,500 PPP Loan in Arlington Heights, Illinois

Loan Details

Loan Number
8770877000
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$105,500
Current Approval
$105,500
Forgiveness Amount
$106,282
Forgiveness Date
Jan 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Village Cycle & Supply, Inc.
Address
1326 N. Rand Rd
ZIP Code
60004-4306
Business Type
Corporation
Industry (NAICS)
Retail Trade (451110)
Business Age
Existing or more than 2 years old
Jobs Reported
18
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-05

Loan Use Breakdown

Payroll
$84,400
Rent
$10,550
Utilities
$5,275
Mortgage Interest
$5,275

Lender Information

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

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