PPP Loan information for Amerikal products corporation

$198,779

Amerikal products corporation was initially approved for PPP Loan of amount $198,779, the current approved amount is $198,779. The loan was approved on 02/17/2021 by The First American Bank reported 10 jobs and $198,779 was used to fund payroll.

Amerikal products corporation is Existing or more than 2 years old

AMERIKAL PRODUCTS CORPORATION

Date Approved

02/17/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

AMERIKAL PRODUCTS CORPORATION

Borrower Address

2115 Northwestern Ave # 2117

Borrower City

Waukegan

Borrower State

IL

Borrower Zip

60087-4144

Loan Status Date

12/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

198779.25

Current Approval Amount

198779.25

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21238

Servicing Lender Name

First American Bank

Servicing Lender Address

700 Busse Rd

Servicing Lender City

ELK GROVE VILLAGE

Servicing Lender State

IL

Servicing Lender Zip

60007-2137

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Waukegan

Project County Name

LAKE

Project State

IL

Project Zip

60087-4144

CD

IL-10

Jobs Reported

10

NAICS Code

541611

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

198774.25

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

21238

Originating Lender

First American Bank

Originating Lender City

ELK GROVE VILLAGE

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

200165.18

Forgiveness Date

11/03/2021

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