PPP Loan information for American foundry society

$647,055

American foundry society was initially approved for PPP Loan of amount $647,055, the current approved amount is $647,055. The loan was approved on 02/12/2021 by The PNC Bank, National Association reported 34 jobs and $647,055 was used to fund payroll.

American foundry society is Existing or more than 2 years old

PPP Loan Search / IL / Schaumburg / American foundry society

AMERICAN FOUNDRY SOCIETY

Date Approved

02/12/2021

SBA Office Code

0507

Processing Method

PPP

Borrower Name

AMERICAN FOUNDRY SOCIETY

Borrower Address

1695 N Penny Ln 1695 N Penny Ln

Borrower City

Schaumburg

Borrower State

IL

Borrower Zip

60173-4555

Loan Status Date

01/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

647055.00

Current Approval Amount

647055.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Schaumburg

Project County Name

COOK

Project State

IL

Project Zip

60173-4555

CD

IL-08

Jobs Reported

34

NAICS Code

813910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

647053.00

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

501(c)6 – Non Profit Membership

Originating Lender Location Id

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

652357.26

Forgiveness Date

12/09/2021

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