PPP Loan information for Donson machine company

$1,912,128

Donson machine company was initially approved for PPP Loan of amount $1,912,128, the current approved amount is $1,912,128. The loan was approved on 04/08/2020 by The Old National Bank reported 147 jobs and $1,912,128 was used to fund payroll.

Donson machine company is Existing or more than 2 years old

DONSON MACHINE COMPANY

Date Approved

04/08/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

DONSON MACHINE COMPANY

Borrower Address

12416 S Kedvale Ave

Borrower City

Alsip

Borrower State

IL

Borrower Zip

60803-1819

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1912127.50

Current Approval Amount

1912127.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Alsip

Project County Name

COOK

Project State

IL

Project Zip

60803-1819

CD

IL-06

Jobs Reported

147

NAICS Code

339112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1912127.50

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

Subchapter S Corporation

Originating Lender Location Id

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1926256.00

Forgiveness Date

01/11/2021

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