PPP Loan information for Advanced custom metals inc

$159,200

Advanced custom metals inc was initially approved for PPP Loan of amount $159,200, the current approved amount is $159,200. The loan was approved on 04/05/2020 by The Home State Bank, National Association reported 16 jobs and $159,200 was used to fund payroll.

Advanced custom metals inc is Existing or more than 2 years old

PPP Loan Search / IL / DES PLAINES / Advanced custom metals inc

ADVANCED CUSTOM METALS INC

Date Approved

04/05/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

ADVANCED CUSTOM METALS INC

Borrower Address

1024/1028A NORTH AVE

Borrower City

DES PLAINES

Borrower State

IL

Borrower Zip

60016

Loan Status Date

06/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

159200.00

Current Approval Amount

159200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21163

Servicing Lender Name

Home State Bank, National Association

Servicing Lender Address

40 Grant St

Servicing Lender City

CRYSTAL LAKE

Servicing Lender State

IL

Servicing Lender Zip

60014-4314

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DES PLAINES

Project County Name

COOK

Project State

IL

Project Zip

60016-0001

CD

IL-05

Jobs Reported

16

NAICS Code

332999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

119400.00

Mortgage Interest Proceed

0.00

Rent Proceed

39800.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

21163

Originating Lender

Home State Bank, National Association

Originating Lender City

CRYSTAL LAKE

Originating Lender State

IL

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

160455.91

Forgiveness Date

01/25/2021

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