PPP Loan information for General converting inc.

$1,322,818

General converting inc. was initially approved for PPP Loan of amount $1,322,817, the current approved amount is $1,322,818. The loan was approved on 04/07/2020 by The Barrington Bank & Trust Company, National Association reported 69 jobs and $1,322,818 was used to fund payroll.

General converting inc. is Existing or more than 2 years old

PPP Loan Search / IL / BOLINGBROOK / General converting inc.

GENERAL CONVERTING INC.

Date Approved

04/07/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

GENERAL CONVERTING INC.

Borrower Address

250 w CROSSROADS PKWY

Borrower City

BOLINGBROOK

Borrower State

IL

Borrower Zip

60440-3546

Loan Status Date

06/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1322817.00

Current Approval Amount

1322818.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121149

Servicing Lender Name

Barrington Bank & Trust Company, National Association

Servicing Lender Address

201 S Hough St

Servicing Lender City

BARRINGTON

Servicing Lender State

IL

Servicing Lender Zip

60010-4321

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BOLINGBROOK

Project County Name

WILL

Project State

IL

Project Zip

60440-3546

CD

IL-11

Jobs Reported

69

NAICS Code

322212

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

132281.80

Payroll Proceed

992113.50

Mortgage Interest Proceed

198422.70

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

121149

Originating Lender

Barrington Bank & Trust Company, National Association

Originating Lender City

BARRINGTON

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1337479.23

Forgiveness Date

05/21/2021

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