PPP Loan information for Folkerts manufacturing inc.

$82,000

Folkerts manufacturing inc. was initially approved for PPP Loan of amount $82,000, the current approved amount is $82,000. The loan was approved on 04/08/2020 by The Blackhawk Bank reported 7 jobs and $82,000 was used to fund payroll.

Folkerts manufacturing inc. is Existing or more than 2 years old

FOLKERTS MANUFACTURING INC.

Date Approved

04/08/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

FOLKERTS MANUFACTURING INC.

Borrower Address

2229 23rd Avenue

Borrower City

ROCKFORD

Borrower State

IL

Borrower Zip

61104-7334

Loan Status Date

05/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

82000.00

Current Approval Amount

82000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117081

Servicing Lender Name

Blackhawk Bank

Servicing Lender Address

400 Broad St

Servicing Lender City

BELOIT

Servicing Lender State

WI

Servicing Lender Zip

53511-6223

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ROCKFORD

Project County Name

WINNEBAGO

Project State

IL

Project Zip

61104-7334

CD

IL-17

Jobs Reported

7

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

7838.00

Payroll Proceed

66324.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

7838

Business Type

Corporation

Originating Lender Location Id

117081

Originating Lender

Blackhawk Bank

Originating Lender City

BELOIT

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

82820.00

Forgiveness Date

04/06/2021

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