PPP Loan information for Galaxy precision manufacturing inc

$376,600

Galaxy precision manufacturing inc was initially approved for PPP Loan of amount $376,600, the current approved amount is $376,600. The loan was approved on 04/14/2020 by The Itasca Bank & Trust Co. reported 29 jobs and $376,600 was used to fund payroll.

Galaxy precision manufacturing inc is Existing or more than 2 years old

PPP Loan Search / IL / ELK GROVE VILLAGE / Galaxy precision manufacturing inc

GALAXY PRECISION MANUFACTURING INC

Date Approved

04/14/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

GALAXY PRECISION MANUFACTURING INC

Borrower Address

2636 UNITED LN

Borrower City

ELK GROVE VILLAGE

Borrower State

IL

Borrower Zip

60007-6821

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

376600.00

Current Approval Amount

376600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21562

Servicing Lender Name

Itasca Bank & Trust Co.

Servicing Lender Address

308 W Irving Park Rd

Servicing Lender City

ITASCA

Servicing Lender State

IL

Servicing Lender Zip

60143-2038

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELK GROVE VILLAGE

Project County Name

DUPAGE

Project State

IL

Project Zip

60007-6821

CD

IL-03

Jobs Reported

29

NAICS Code

333511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

6000.00

Payroll Proceed

338600.00

Mortgage Interest Proceed

0.00

Rent Proceed

32000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

21562

Originating Lender

Itasca Bank & Trust Co.

Originating Lender City

ITASCA

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

379257.12

Forgiveness Date

12/31/2020

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