PPP Loan information for Industrial electronic controls company

$114,130

Industrial electronic controls company was initially approved for PPP Loan of amount $114,130, the current approved amount is $114,130. The loan was approved on 02/05/2021 by The HTLF Bank reported 12 jobs and $114,130 was used to fund payroll.

Industrial electronic controls company is Existing or more than 2 years old

PPP Loan Search / IL / Rockford / Industrial electronic controls company

INDUSTRIAL ELECTRONIC CONTROLS COMPANY

Date Approved

02/05/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

INDUSTRIAL ELECTRONIC CONTROLS COMPANY

Borrower Address

4689 Stenstrom Rd

Borrower City

Rockford

Borrower State

IL

Borrower Zip

61109-2637

Loan Status Date

02/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

114130.00

Current Approval Amount

114130.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

444645

Servicing Lender Name

HTLF Bank

Servicing Lender Address

1800 Larimer St, Ste 100

Servicing Lender City

DENVER

Servicing Lender State

CO

Servicing Lender Zip

80202-1404

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

61109-2637

CD

IL-17

Jobs Reported

12

NAICS Code

334513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

114124.00

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

444645

Originating Lender

HTLF Bank

Originating Lender City

DENVER

Originating Lender State

CO

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

115199.38

Forgiveness Date

01/19/2022

;