PPP Loan information for Elgin industries, inc.

$1,800,000

Elgin industries, inc. was initially approved for PPP Loan of amount $1,800,000, the current approved amount is $1,800,000. The loan was approved on 04/10/2020 by The JPMorgan Chase Bank, National Association reported 161 jobs and $1,800,000 was used to fund payroll.

Elgin industries, inc. is Existing or more than 2 years old

PPP Loan Search / IL / Elgin / Elgin industries, inc.

ELGIN INDUSTRIES, INC.

Date Approved

04/10/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

ELGIN INDUSTRIES, INC.

Borrower Address

1100 Jansen Farm Drive 0.0

Borrower City

Elgin

Borrower State

IL

Borrower Zip

60123-2550

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1800000.00

Current Approval Amount

1800000.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Elgin

Project County Name

KANE

Project State

IL

Project Zip

60123-2550

CD

IL-08

Jobs Reported

161

NAICS Code

423860

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

60000.00

Payroll Proceed

1593000.00

Mortgage Interest Proceed

0.00

Rent Proceed

50000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

95000.00

Debt Interest Proceed

2000

Business Type

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

1818375.00

Forgiveness Date

04/21/2021

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