PPP Loan information for American needle inc

$423,328

American needle inc was initially approved for PPP Loan of amount $423,328, the current approved amount is $423,328. The loan was approved on 02/03/2021 by The CIBC Bank USA reported 26 jobs and $423,328 was used to fund payroll.

American needle inc is Existing or more than 2 years old

AMERICAN NEEDLE INC

Date Approved

02/03/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

AMERICAN NEEDLE INC

Borrower Address

1275 Busch Pkwy

Borrower City

Buffalo Grove

Borrower State

IL

Borrower Zip

60089-4545

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

423327.50

Current Approval Amount

423327.50

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

Buffalo Grove

Project County Name

LAKE

Project State

IL

Project Zip

60089-4545

CD

IL-10

Jobs Reported

26

NAICS Code

315990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

423325.50

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

Corporation

Originating Lender Location Id

116998

Originating Lender

CIBC Bank USA

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Veteran

Non Profit

Forgiveness Amount

427154.84

Forgiveness Date

01/13/2022

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