PPP Loan information for American needle inc.

$450,200

American needle inc. was initially approved for PPP Loan of amount $450,222, the current approved amount is $450,200. The loan was approved on 04/09/2020 by The CIBC Bank USA reported 31 jobs and $450,200 was used to fund payroll.

American needle inc. is Existing or more than 2 years old

AMERICAN NEEDLE INC.

Date Approved

04/09/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

AMERICAN NEEDLE INC.

Borrower Address

1275 Busch Pkwy

Borrower City

BUFFALO GROVE

Borrower State

IL

Borrower Zip

60089-4536

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

450222.00

Current Approval Amount

450200.00

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

BUFFALO GROVE

Project County Name

LAKE

Project State

IL

Project Zip

60089-4536

CD

IL-10

Jobs Reported

31

NAICS Code

315990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

450200.00

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

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

453406.90

Forgiveness Date

12/30/2020

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