PPP Loan information for Helander metal spinning company

$612,500

Helander metal spinning company was initially approved for PPP Loan of amount $612,500, the current approved amount is $612,500. The loan was approved on 04/07/2020 by The Byline Bank reported 44 jobs and $612,500 was used to fund payroll.

Helander metal spinning company is Existing or more than 2 years old

HELANDER METAL SPINNING COMPANY

Date Approved

04/07/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

HELANDER METAL SPINNING COMPANY

Borrower Address

931 N RIDGE AVENUE

Borrower City

LOMBARD

Borrower State

IL

Borrower Zip

60148-1208

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

612500.00

Current Approval Amount

612500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21023

Servicing Lender Name

Byline Bank

Servicing Lender Address

180 N LaSalle St, Ste 300

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60601-3110

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LOMBARD

Project County Name

DUPAGE

Project State

IL

Project Zip

60148-1208

CD

IL-03

Jobs Reported

44

NAICS Code

332322

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

612500.00

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

Corporation

Originating Lender Location Id

21023

Originating Lender

Byline Bank

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

617127.78

Forgiveness Date

01/20/2021

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