PPP Loan information for Althoff industries, inc.

$2,469,900

Althoff industries, inc. was initially approved for PPP Loan of amount $2,469,900, the current approved amount is $2,469,900. The loan was approved on 04/08/2020 by The CIBC Bank USA reported 214 jobs and $2,469,900 was used to fund payroll.

Althoff industries, inc. is Existing or more than 2 years old

PPP Loan Search / IL / CRYSTAL LAKE / Althoff industries, inc.

ALTHOFF INDUSTRIES, INC.

Date Approved

04/08/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

ALTHOFF INDUSTRIES, INC.

Borrower Address

8001 S IL ROUTE 31

Borrower City

CRYSTAL LAKE

Borrower State

IL

Borrower Zip

60014-8188

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2469900.00

Current Approval Amount

2469900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

116998

Servicing Lender Name

CIBC Bank USA

Servicing Lender Address

120 S LaSalle St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-3403

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CRYSTAL LAKE

Project County Name

MCHENRY

Project State

IL

Project Zip

60014-8188

CD

IL-11

Jobs Reported

214

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2469900.00

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

116998

Originating Lender

CIBC Bank USA

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2498794.45

Forgiveness Date

06/15/2021

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