PPP Loan information for Brad foote gear works, inc

$2,472,479

Brad foote gear works, inc was initially approved for PPP Loan of amount $2,599,200, the current approved amount is $2,472,479. The loan was approved on 04/05/2020 by The CIBC Bank USA reported 130 jobs and $2,472,479 was used to fund payroll.

Brad foote gear works, inc is Existing or more than 2 years old

PPP Loan Search / IL / CICERO / Brad foote gear works, inc

BRAD FOOTE GEAR WORKS, INC

Date Approved

04/05/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

BRAD FOOTE GEAR WORKS, INC

Borrower Address

3250 S CENTRAL AVE

Borrower City

CICERO

Borrower State

IL

Borrower Zip

60804-3939

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2599200.00

Current Approval Amount

2472479.33

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

116998

Servicing Lender Name

CIBC Bank USA

Servicing Lender Address

120 S LaSalle St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-3403

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CICERO

Project County Name

COOK

Project State

IL

Project Zip

60804-3939

CD

IL-04

Jobs Reported

130

NAICS Code

333612

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2472479.33

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

116998

Originating Lender

CIBC Bank USA

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2501132.99

Forgiveness Date

06/11/2021

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