PPP Loan information for Electro-mechanicals inc

$57,500

Electro-mechanicals inc was initially approved for PPP Loan of amount $57,500, the current approved amount is $57,500. The loan was approved on 05/06/2020 by The First American Bank reported 4 jobs and $57,500 was used to fund payroll.

Electro-mechanicals inc is Unanswered

ELECTRO-MECHANICALS INC

Date Approved

05/06/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

ELECTRO-MECHANICALS INC

Borrower Address

117 COOK ST

Borrower City

BARRINGTON

Borrower State

IL

Borrower Zip

60010-4311

Loan Status Date

05/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

57500.00

Current Approval Amount

57500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21238

Servicing Lender Name

First American Bank

Servicing Lender Address

700 Busse Rd

Servicing Lender City

ELK GROVE VILLAGE

Servicing Lender State

IL

Servicing Lender Zip

60007-2137

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

BARRINGTON

Project County Name

COOK

Project State

IL

Project Zip

60010-4311

CD

IL-05

Jobs Reported

4

NAICS Code

423840

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

57500.00

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

21238

Originating Lender

First American Bank

Originating Lender City

ELK GROVE VILLAGE

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

58033.47

Forgiveness Date

04/14/2021

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