PPP Loan information for Adams magnetic products co

$892,042

Adams magnetic products co was initially approved for PPP Loan of amount $892,042, the current approved amount is $892,042. The loan was approved on 04/10/2020 by The JPMorgan Chase Bank, National Association reported 58 jobs and $892,042 was used to fund payroll.

Adams magnetic products co is Existing or more than 2 years old

PPP Loan Search / IL / Elmhurst / Adams magnetic products co

ADAMS MAGNETIC PRODUCTS CO

Date Approved

04/10/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

ADAMS MAGNETIC PRODUCTS CO

Borrower Address

888 N Larch Avenue 0.0

Borrower City

Elmhurst

Borrower State

IL

Borrower Zip

60126-1141

Loan Status Date

07/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

892042.00

Current Approval Amount

892042.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Elmhurst

Project County Name

DUPAGE

Project State

IL

Project Zip

60126-1141

CD

IL-06

Jobs Reported

58

NAICS Code

327110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

718980.00

Mortgage Interest Proceed

0.00

Rent Proceed

94829.00

Refinance EIDL Proceed

0.00

Health Care Proceed

78233.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

902411.00

Forgiveness Date

06/14/2021

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