PPP Loan information for Circle boring & machine co

$249,877

Circle boring & machine co was initially approved for PPP Loan of amount $249,877, the current approved amount is $249,877. The loan was approved on 03/23/2021 by The Resource Bank, National Association reported 18 jobs and $249,877 was used to fund payroll.

Circle boring & machine co is Existing or more than 2 years old

PPP Loan Search / IL / Rockford / Circle boring & machine co

CIRCLE BORING & MACHINE CO

Date Approved

03/23/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

CIRCLE BORING & MACHINE CO

Borrower Address

3161 Forest View Rd

Borrower City

Rockford

Borrower State

IL

Borrower Zip

61109-1641

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

249877.00

Current Approval Amount

249877.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21856

Servicing Lender Name

Resource Bank, National Association

Servicing Lender Address

555 Bethany Rd

Servicing Lender City

DEKALB

Servicing Lender State

IL

Servicing Lender Zip

60115-4941

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rockford

Project County Name

WINNEBAGO

Project State

IL

Project Zip

61109-1641

CD

IL-17

Jobs Reported

18

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

249877.00

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

21856

Originating Lender

Resource Bank, National Association

Originating Lender City

DEKALB

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

251410.97

Forgiveness Date

11/03/2021

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