PPP Loan information for Forgings & stampings inc.

$383,280

Forgings & stampings inc. was initially approved for PPP Loan of amount $383,280, the current approved amount is $383,280. The loan was approved on 02/09/2021 by The Midland States Bank reported 29 jobs and $383,280 was used to fund payroll.

Forgings & stampings inc. is Existing or more than 2 years old

PPP Loan Search / IL / Rockford / Forgings & stampings inc.

FORGINGS & STAMPINGS INC.

Date Approved

02/09/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

FORGINGS & STAMPINGS INC.

Borrower Address

1025 23rd Ave

Borrower City

Rockford

Borrower State

IL

Borrower Zip

61104-7148

Loan Status Date

10/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

383280.00

Current Approval Amount

383280.00

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

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

61104-7148

CD

IL-17

Jobs Reported

29

NAICS Code

332111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

383278.00

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

Subchapter S 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

385632.18

Forgiveness Date

09/29/2021

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