PPP Loan information for A-1 lapping & machine inc.

$335,913

A-1 lapping & machine inc. was initially approved for PPP Loan of amount $335,913, the current approved amount is $335,913. The loan was approved on 01/20/2021 by The Blackhawk Bank reported 20 jobs and $335,913 was used to fund payroll.

A-1 lapping & machine inc. is Existing or more than 2 years old

PPP Loan Search / IL / Rockford / A-1 lapping & machine inc.

A-1 LAPPING & MACHINE INC.

Date Approved

01/20/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

A-1 LAPPING & MACHINE INC.

Borrower Address

623 Grable St

Borrower City

Rockford

Borrower State

IL

Borrower Zip

61109-2003

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

335912.50

Current Approval Amount

335912.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117081

Servicing Lender Name

Blackhawk Bank

Servicing Lender Address

400 Broad St

Servicing Lender City

BELOIT

Servicing Lender State

WI

Servicing Lender Zip

53511-6223

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Rockford

Project County Name

WINNEBAGO

Project State

IL

Project Zip

61109-2003

CD

IL-17

Jobs Reported

20

NAICS Code

339999

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

335906.50

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

117081

Originating Lender

Blackhawk Bank

Originating Lender City

BELOIT

Originating Lender State

WI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

337265.48

Forgiveness Date

06/23/2021

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