PPP Loan information for Illinois iron inc.

$49,502

Illinois iron inc. was initially approved for PPP Loan of amount $49,502, the current approved amount is $49,502. The loan was approved on 02/03/2021 by The Blackhawk Bank reported 5 jobs and $49,502 was used to fund payroll.

Illinois iron inc. is Existing or more than 2 years old

ILLINOIS IRON INC.

Date Approved

02/03/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

ILLINOIS IRON INC.

Borrower Address

516 16th Ave

Borrower City

Rockford

Borrower State

IL

Borrower Zip

61104-5111

Loan Status Date

01/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

49502.07

Current Approval Amount

49502.07

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117081

Servicing Lender Name

Blackhawk Bank

Servicing Lender Address

400 Broad St

Servicing Lender City

BELOIT

Servicing Lender State

WI

Servicing Lender Zip

53511-6223

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Rockford

Project County Name

WINNEBAGO

Project State

IL

Project Zip

61104-5111

CD

IL-17

Jobs Reported

5

NAICS Code

812990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

49498.07

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

117081

Originating Lender

Blackhawk Bank

Originating Lender City

BELOIT

Originating Lender State

WI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

49951.71

Forgiveness Date

12/29/2021

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