PPP Loan information for Coil-tran llc

$424,000

Coil-tran llc was initially approved for PPP Loan of amount $424,000, the current approved amount is $424,000. The loan was approved on 04/14/2020 by The Merchants and Manufacturers Bank reported 53 jobs and $424,000 was used to fund payroll.

Coil-tran llc is Existing or more than 2 years old

COIL-TRAN LLC

Date Approved

04/14/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

COIL-TRAN LLC

Borrower Address

160 S. ILLINOIS ST

Borrower City

HOBART

Borrower State

IN

Borrower Zip

46342-4512

Loan Status Date

12/11/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

424000.00

Current Approval Amount

424000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21574

Servicing Lender Name

Merchants and Manufacturers Bank

Servicing Lender Address

801 S Briggs St

Servicing Lender City

JOLIET

Servicing Lender State

IL

Servicing Lender Zip

60433-9522

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HOBART

Project County Name

LAKE

Project State

IN

Project Zip

46342-4512

CD

IN-01

Jobs Reported

53

NAICS Code

335311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6400.00

Payroll Proceed

371900.00

Mortgage Interest Proceed

0.00

Rent Proceed

26300.00

Refinance EIDL Proceed

0.00

Health Care Proceed

19400.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

21574

Originating Lender

Merchants and Manufacturers Bank

Originating Lender City

JOLIET

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

426355.56

Forgiveness Date

11/12/2020

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