PPP Loan information for Frankfort machine and tool

$116,838

Frankfort machine and tool was initially approved for PPP Loan of amount $153,958, the current approved amount is $116,838. The loan was approved on 06/05/2020 by The Old National Bank reported 7 jobs and $116,838 was used to fund payroll.

Frankfort machine and tool is Existing or more than 2 years old

PPP Loan Search / IL / Frankfort / Frankfort machine and tool

FRANKFORT MACHINE AND TOOL

Date Approved

06/05/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

FRANKFORT MACHINE AND TOOL

Borrower Address

285 Industry Ave

Borrower City

Frankfort

Borrower State

IL

Borrower Zip

60423-1640

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

153957.50

Current Approval Amount

116837.78

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Frankfort

Project County Name

WILL

Project State

IL

Project Zip

60423-1640

CD

IL-01

Jobs Reported

7

NAICS Code

333131

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

116837.78

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

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

117311.62

Forgiveness Date

11/03/2020

;