PPP Loan information for Chicago industrial equipment inc.

$163,900

Chicago industrial equipment inc. was initially approved for PPP Loan of amount $163,900, the current approved amount is $163,900. The loan was approved on 01/27/2021 by The Old Second National Bank reported 23 jobs and $163,900 was used to fund payroll.

Chicago industrial equipment inc. is Existing or more than 2 years old

CHICAGO INDUSTRIAL EQUIPMENT INC.

Date Approved

01/27/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

CHICAGO INDUSTRIAL EQUIPMENT INC.

Borrower Address

600 Oakwood Ct

Borrower City

Joliet

Borrower State

IL

Borrower Zip

60436-1211

Loan Status Date

11/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

163900.00

Current Approval Amount

163900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20282

Servicing Lender Name

Old Second National Bank

Servicing Lender Address

37 S River St

Servicing Lender City

AURORA

Servicing Lender State

IL

Servicing Lender Zip

60506-4173

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Joliet

Project County Name

WILL

Project State

IL

Project Zip

60436-1211

CD

IL-14

Jobs Reported

23

NAICS Code

423110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

163900.00

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

Subchapter S Corporation

Originating Lender Location Id

20282

Originating Lender

Old Second National Bank

Originating Lender City

AURORA

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

165224.86

Forgiveness Date

11/17/2021

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