PPP Loan information for Indeck power equipment company

$913,574

Indeck power equipment company was initially approved for PPP Loan of amount $913,574, the current approved amount is $913,574. The loan was approved on 04/05/2020 by The Barrington Bank & Trust Company, National Association reported 58 jobs and $913,574 was used to fund payroll.

Indeck power equipment company is Existing or more than 2 years old

INDECK POWER EQUIPMENT COMPANY

Date Approved

04/05/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

INDECK POWER EQUIPMENT COMPANY

Borrower Address

1111 WILLIS AVE

Borrower City

WHEELING

Borrower State

IL

Borrower Zip

60090-5816

Loan Status Date

04/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

913574.00

Current Approval Amount

913574.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121149

Servicing Lender Name

Barrington Bank & Trust Company, National Association

Servicing Lender Address

201 S Hough St

Servicing Lender City

BARRINGTON

Servicing Lender State

IL

Servicing Lender Zip

60010-4321

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WHEELING

Project County Name

COOK

Project State

IL

Project Zip

60090-5816

CD

IL-10

Jobs Reported

58

NAICS Code

237130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

114197.00

Payroll Proceed

685180.00

Mortgage Interest Proceed

114197.00

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

121149

Originating Lender

Barrington Bank & Trust Company, National Association

Originating Lender City

BARRINGTON

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

922100.69

Forgiveness Date

03/18/2021

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