PPP Loan information for Associated rubber & mechanical inc

$197,725

Associated rubber & mechanical inc was initially approved for PPP Loan of amount $197,725, the current approved amount is $197,725. The loan was approved on 01/22/2021 by The BMO Harris Bank National Association reported 16 jobs and $197,725 was used to fund payroll.

Associated rubber & mechanical inc is Existing or more than 2 years old

ASSOCIATED RUBBER & MECHANICAL INC

Date Approved

01/22/2021

SBA Office Code

0883

Processing Method

PPS

Borrower Name

ASSOCIATED RUBBER & MECHANICAL INC

Borrower Address

7550 W 2100 S

Borrower City

Magna

Borrower State

UT

Borrower Zip

84044-1402

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

197725.00

Current Approval Amount

197725.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21442

Servicing Lender Name

BMO Harris Bank National Association

Servicing Lender Address

111 W Monroe St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-4096

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Magna

Project County Name

SALT LAKE

Project State

UT

Project Zip

84044-1402

CD

UT-02

Jobs Reported

16

NAICS Code

332996

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

197721.00

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

21442

Originating Lender

BMO Harris Bank National Association

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

198839.95

Forgiveness Date

08/20/2021

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