PPP Loan information for Illinois carbide tool co.

$84,500

Illinois carbide tool co. was initially approved for PPP Loan of amount $84,500, the current approved amount is $84,500. The loan was approved on 04/08/2020 by The Libertyville Bank & Trust Company, National Association reported 9 jobs and $84,500 was used to fund payroll.

Illinois carbide tool co. is Existing or more than 2 years old

ILLINOIS CARBIDE TOOL CO.

Date Approved

04/08/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

ILLINOIS CARBIDE TOOL CO.

Borrower Address

1322 BELVIDERE RD

Borrower City

WAUKEGAN

Borrower State

IL

Borrower Zip

60085-6206

Loan Status Date

06/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

84500.00

Current Approval Amount

84500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119728

Servicing Lender Name

Libertyville Bank & Trust Company, National Association

Servicing Lender Address

507 N Milwaukee Ave

Servicing Lender City

LIBERTYVILLE

Servicing Lender State

IL

Servicing Lender Zip

60048-2000

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WAUKEGAN

Project County Name

LAKE

Project State

IL

Project Zip

60085-6206

CD

IL-10

Jobs Reported

9

NAICS Code

333515

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

10562.50

Payroll Proceed

63375.00

Mortgage Interest Proceed

0.00

Rent Proceed

10562.50

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

119728

Originating Lender

Libertyville Bank & Trust Company, National Association

Originating Lender City

LIBERTYVILLE

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

85021.08

Forgiveness Date

11/27/2020

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