PPP Loan information for Burris equipment co.

$1,397,800

Burris equipment co. was initially approved for PPP Loan of amount $1,397,800, the current approved amount is $1,397,800. The loan was approved on 04/07/2020 by The Libertyville Bank & Trust Company, National Association reported 82 jobs and $1,397,800 was used to fund payroll.

Burris equipment co. is Existing or more than 2 years old

BURRIS EQUIPMENT CO.

Date Approved

04/07/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

BURRIS EQUIPMENT CO.

Borrower Address

2216 N Greenbay Road

Borrower City

WAUKEGAN

Borrower State

IL

Borrower Zip

60087

Loan Status Date

06/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1397800.00

Current Approval Amount

1397800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119728

Servicing Lender Name

Libertyville Bank & Trust Company, National Association

Servicing Lender Address

507 N Milwaukee Ave

Servicing Lender City

LIBERTYVILLE

Servicing Lender State

IL

Servicing Lender Zip

60048-2000

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WAUKEGAN

Project County Name

LAKE

Project State

IL

Project Zip

60087-1000

CD

IL-10

Jobs Reported

82

NAICS Code

532412

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

17472.50

Payroll Proceed

1048350.00

Mortgage Interest Proceed

331977.50

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

119728

Originating Lender

Libertyville Bank & Trust Company, National Association

Originating Lender City

LIBERTYVILLE

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1405565.56

Forgiveness Date

11/03/2020

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