PPP Loan information for Advanced lubrication, inc.

$50,353

Advanced lubrication, inc. was initially approved for PPP Loan of amount $50,353, the current approved amount is $50,353. The loan was approved on 04/11/2020 by The Busey Bank reported 5 jobs and $50,353 was used to fund payroll.

Advanced lubrication, inc. is Existing or more than 2 years old

PPP Loan Search / IL / Kankakee / Advanced lubrication, inc.

ADVANCED LUBRICATION, INC.

Date Approved

04/11/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

ADVANCED LUBRICATION, INC.

Borrower Address

4517 E 2000N Road

Borrower City

Kankakee

Borrower State

IL

Borrower Zip

60901-1979

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50353.00

Current Approval Amount

50353.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22749

Servicing Lender Name

Busey Bank

Servicing Lender Address

100 W University Ave

Servicing Lender City

CHAMPAIGN

Servicing Lender State

IL

Servicing Lender Zip

61820-3910

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Kankakee

Project County Name

KANKAKEE

Project State

IL

Project Zip

60901-1979

CD

IL-02

Jobs Reported

5

NAICS Code

424720

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

50353.00

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

22749

Originating Lender

Busey Bank

Originating Lender City

CHAMPAIGN

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

50785.20

Forgiveness Date

02/17/2021

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