PPP Loan information for Circle boring & machine co.

$241,200

Circle boring & machine co. was initially approved for PPP Loan of amount $241,200, the current approved amount is $241,200. The loan was approved on 04/28/2020 by The Resource Bank, National Association reported 19 jobs and $241,200 was used to fund payroll.

Circle boring & machine co. is Unanswered

PPP Loan Search / IL / ROCKFORD / Circle boring & machine co.

CIRCLE BORING & MACHINE CO.

Date Approved

04/28/2020

SBA Office Code

0507

Processing Method

PPP

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

05/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

241200.00

Current Approval Amount

241200.00

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

Y

Business Age Description

Unanswered

Project City

ROCKFORD

Project County Name

WINNEBAGO

Project State

IL

Project Zip

61109-1641

CD

IL-17

Jobs Reported

19

NAICS Code

332721

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

6200.00

Payroll Proceed

222000.00

Mortgage Interest Proceed

6500.00

Rent Proceed

6000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

500

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

243444.50

Forgiveness Date

03/31/2021

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