Date Approved
02/13/2021
SBA Office Code
0507
Processing Method
PPS
Borrower Name
AREA MECHINICAL INC
Borrower Address
2707 Huffman Blvd
Borrower City
Rockford
Borrower State
IL
Borrower Zip
61103-3904
Loan Status Date
01/07/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
609785.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
22671
Servicing Lender Name
Stillman BancCorp N.A.
Servicing Lender Address
101 E Main St
Servicing Lender City
STILLMAN VALLEY
Servicing Lender State
Servicing Lender Zip
61084-9027
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Y
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
WINNEBAGO
Project State
Project Zip
CD
IL-17
Jobs Reported
30
NAICS Code
238220
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
609783.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Unanswered
Non Profit
Forgiveness Amount
614849.60
Forgiveness Date
12/15/2021