PPP Loan information for F & m transfer inc

$394,737

F & m transfer inc was initially approved for PPP Loan of amount $394,737, the current approved amount is $394,737. The loan was approved on 04/08/2020 by The Midland States Bank reported 20 jobs and $394,737 was used to fund payroll.

F & m transfer inc is Existing or more than 2 years old

F & M TRANSFER INC

Date Approved

04/08/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

F & M TRANSFER INC

Borrower Address

3210 211TH PL

Borrower City

LYNWOOD

Borrower State

IL

Borrower Zip

60411

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

394737.00

Current Approval Amount

394737.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21299

Servicing Lender Name

Midland States Bank

Servicing Lender Address

110 S. 5th St

Servicing Lender City

EFFINGHAM

Servicing Lender State

IL

Servicing Lender Zip

62401-2453

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LYNWOOD

Project County Name

COOK

Project State

IL

Project Zip

60411-1000

CD

IL-02

Jobs Reported

20

NAICS Code

484110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

9869.00

Payroll Proceed

375000.00

Mortgage Interest Proceed

0.00

Rent Proceed

9868.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

21299

Originating Lender

Midland States Bank

Originating Lender City

EFFINGHAM

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

399473.84

Forgiveness Date

06/30/2021

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