PPP Loan information for Forgings & stampings inc

$391,975

Forgings & stampings inc was initially approved for PPP Loan of amount $391,975, the current approved amount is $391,975. The loan was approved on 04/28/2020 by The Midland States Bank reported 29 jobs and $391,975 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

04/28/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

FORGINGS & STAMPINGS INC

Borrower Address

1025 23rd Ave

Borrower City

ROCKFORD

Borrower State

IL

Borrower Zip

61104

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

391975.00

Current Approval Amount

391975.00

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

61104-1000

CD

IL-17

Jobs Reported

29

NAICS Code

213114

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

391975.00

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

393929.51

Forgiveness Date

11/03/2020

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