PPP Loan information for American precision electronics

$495,800

American precision electronics was initially approved for PPP Loan of amount $495,800, the current approved amount is $495,800. The loan was approved on 04/11/2020 by The Cornerstone National Bank & Trust Company reported 67 jobs and $495,800 was used to fund payroll.

American precision electronics is Unanswered

PPP Loan Search / IL / CAROL STREAM / American precision electronics

AMERICAN PRECISION ELECTRONICS

Date Approved

04/11/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

AMERICAN PRECISION ELECTRONICS

Borrower Address

25w624 SAINT CHARLES RD

Borrower City

CAROL STREAM

Borrower State

IL

Borrower Zip

60188-2062

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

495800.00

Current Approval Amount

495800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203014

Servicing Lender Name

Cornerstone National Bank & Trust Company

Servicing Lender Address

One W Northwest Hwy

Servicing Lender City

PALATINE

Servicing Lender State

IL

Servicing Lender Zip

60067-3570

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

CAROL STREAM

Project County Name

DUPAGE

Project State

IL

Project Zip

60188-2062

CD

IL-03

Jobs Reported

67

NAICS Code

541990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

24790.00

Payroll Proceed

396640.00

Mortgage Interest Proceed

0.00

Rent Proceed

74370.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

203014

Originating Lender

Cornerstone National Bank & Trust Company

Originating Lender City

PALATINE

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

498581.99

Forgiveness Date

11/05/2020

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