PPP Loan information for High compression inc

$121,600

High compression inc was initially approved for PPP Loan of amount $121,600, the current approved amount is $121,600. The loan was approved on 04/10/2020 by The Home State Bank, National Association reported 8 jobs and $121,600 was used to fund payroll.

High compression inc is Existing or more than 2 years old

HIGH COMPRESSION INC

Date Approved

04/10/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

HIGH COMPRESSION INC

Borrower Address

261 LIBERTY RD

Borrower City

CRYSTAL LAKE

Borrower State

IL

Borrower Zip

60014-8032

Loan Status Date

06/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

121600.00

Current Approval Amount

121600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21163

Servicing Lender Name

Home State Bank, National Association

Servicing Lender Address

40 Grant St

Servicing Lender City

CRYSTAL LAKE

Servicing Lender State

IL

Servicing Lender Zip

60014-4314

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CRYSTAL LAKE

Project County Name

MCHENRY

Project State

IL

Project Zip

60014-8032

CD

IL-09

Jobs Reported

8

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

91200.00

Mortgage Interest Proceed

0.00

Rent Proceed

30400.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

21163

Originating Lender

Home State Bank, National Association

Originating Lender City

CRYSTAL LAKE

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

122623.47

Forgiveness Date

02/16/2021

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