PPP Loan information for Bellwood electric motors inc.

$117,050

Bellwood electric motors inc. was initially approved for PPP Loan of amount $117,050, the current approved amount is $117,050. The loan was approved on 01/25/2021 by The Republic Bank of Chicago reported 8 jobs and $117,050 was used to fund payroll.

Bellwood electric motors inc. is Existing or more than 2 years old

PPP Loan Search / IL / Bellwood / Bellwood electric motors inc.

BELLWOOD ELECTRIC MOTORS INC.

Date Approved

01/25/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

BELLWOOD ELECTRIC MOTORS INC.

Borrower Address

200 25th Ave

Borrower City

Bellwood

Borrower State

IL

Borrower Zip

60104-1203

Loan Status Date

11/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

117050.00

Current Approval Amount

117050.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21059

Servicing Lender Name

Republic Bank of Chicago

Servicing Lender Address

2221 Camden Court

Servicing Lender City

OAK BROOK

Servicing Lender State

IL

Servicing Lender Zip

60523-1273

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bellwood

Project County Name

COOK

Project State

IL

Project Zip

60104-1203

CD

IL-07

Jobs Reported

8

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

117047.00

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

21059

Originating Lender

Republic Bank of Chicago

Originating Lender City

OAK BROOK

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

117862.85

Forgiveness Date

10/08/2021

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