PPP Loan information for Clingan steel inc.

$1,259,492

Clingan steel inc. was initially approved for PPP Loan of amount $1,259,492, the current approved amount is $1,259,492. The loan was approved on 08/07/2020 by The JPMorgan Chase Bank, National Association reported 90 jobs and $1,259,492 was used to fund payroll.

Clingan steel inc. is Change of Ownership

PPP Loan Search / IL / ELK GROVE VILLAGE / Clingan steel inc.

CLINGAN STEEL INC.

Date Approved

08/07/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

CLINGAN STEEL INC.

Borrower Address

2525 ARTHUR AVE

Borrower City

ELK GROVE VILLAGE

Borrower State

IL

Borrower Zip

60007-6019

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1259492.00

Current Approval Amount

1259492.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Change of Ownership

Project City

ELK GROVE VILLAGE

Project County Name

COOK

Project State

IL

Project Zip

60007-6019

CD

IL-03

Jobs Reported

90

NAICS Code

331221

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

25000.00

Payroll Proceed

803492.00

Mortgage Interest Proceed

0.00

Rent Proceed

206000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

225000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1270977.87

Forgiveness Date

07/09/2021

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