PPP Loan information for Illini power products co

$264,780

Illini power products co was initially approved for PPP Loan of amount $264,780, the current approved amount is $264,780. The loan was approved on 04/09/2020 by The Old Second National Bank reported 19 jobs and $264,780 was used to fund payroll.

Illini power products co is Existing or more than 2 years old

ILLINI POWER PRODUCTS CO

Date Approved

04/09/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

ILLINI POWER PRODUCTS CO

Borrower Address

444 Randy Rd

Borrower City

CAROL STREAM

Borrower State

IL

Borrower Zip

60188-2120

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

264780.00

Current Approval Amount

264780.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20282

Servicing Lender Name

Old Second National Bank

Servicing Lender Address

37 S River St

Servicing Lender City

AURORA

Servicing Lender State

IL

Servicing Lender Zip

60506-4173

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CAROL STREAM

Project County Name

DUPAGE

Project State

IL

Project Zip

60188-2120

CD

IL-08

Jobs Reported

19

NAICS Code

423610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

264780.00

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

Subchapter S Corporation

Originating Lender Location Id

20282

Originating Lender

Old Second National Bank

Originating Lender City

AURORA

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

266935.02

Forgiveness Date

02/03/2021

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