PPP Loan information for Chicago industrial equipment, inc.

$156,700

Chicago industrial equipment, inc. was initially approved for PPP Loan of amount $156,700, the current approved amount is $156,700. The loan was approved on 04/28/2020 by The Old Second National Bank reported 10 jobs and $156,700 was used to fund payroll.

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

PPP Loan Search / IL / JOLIET / Chicago industrial equipment, inc.

CHICAGO INDUSTRIAL EQUIPMENT, INC.

Date Approved

04/28/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

CHICAGO INDUSTRIAL EQUIPMENT, INC.

Borrower Address

600 OAKWOOD CT

Borrower City

JOLIET

Borrower State

IL

Borrower Zip

60436-1211

Loan Status Date

05/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

156700.00

Current Approval Amount

156700.00

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

10

NAICS Code

423120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

125400.00

Mortgage Interest Proceed

0.00

Rent Proceed

31300.00

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

157631.49

Forgiveness Date

12/09/2020

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