PPP Loan information for Farnsworth group, inc

$9,151,700

Farnsworth group, inc was initially approved for PPP Loan of amount $9,151,700, the current approved amount is $9,151,700. The loan was approved on 04/09/2020 by The Commerce Bank reported 490 jobs and $9,151,700 was used to fund payroll.

Farnsworth group, inc is Existing or more than 2 years old

PPP Loan Search / IL / BLOOMINGTON / Farnsworth group, inc

FARNSWORTH GROUP, INC

Date Approved

04/09/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

FARNSWORTH GROUP, INC

Borrower Address

2709 McGraw Drive

Borrower City

BLOOMINGTON

Borrower State

IL

Borrower Zip

61704-6011

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

9151700.00

Current Approval Amount

9151700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40781

Servicing Lender Name

Commerce Bank

Servicing Lender Address

1000 Walnut St, 11th Fl

Servicing Lender City

KANSAS CITY

Servicing Lender State

MO

Servicing Lender Zip

64106-2107

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BLOOMINGTON

Project County Name

MCLEAN

Project State

IL

Project Zip

61704-6011

CD

IL-16

Jobs Reported

490

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

30000.00

Payroll Proceed

8643000.00

Mortgage Interest Proceed

8700.00

Rent Proceed

470000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

40781

Originating Lender

Commerce Bank

Originating Lender City

KANSAS CITY

Originating Lender State

MO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

9258978.26

Forgiveness Date

06/11/2021

;