PPP Loan information for Industrial kinetics, inc.

$570,000

Industrial kinetics, inc. was initially approved for PPP Loan of amount $570,000, the current approved amount is $570,000. The loan was approved on 04/14/2020 by The FNBC Bank and Trust reported 39 jobs and $570,000 was used to fund payroll.

Industrial kinetics, inc. is Existing or more than 2 years old

INDUSTRIAL KINETICS, INC.

Date Approved

04/14/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

INDUSTRIAL KINETICS, INC.

Borrower Address

2535 CURTISS ST

Borrower City

DOWNERS GROVE

Borrower State

IL

Borrower Zip

60515

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

570000.00

Current Approval Amount

570000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22839

Servicing Lender Name

FNBC Bank and Trust

Servicing Lender Address

620 W Burlington Ave

Servicing Lender City

LA GRANGE

Servicing Lender State

IL

Servicing Lender Zip

60525-2228

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DOWNERS GROVE

Project County Name

DUPAGE

Project State

IL

Project Zip

60515-0001

CD

IL-06

Jobs Reported

39

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

570000.00

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

Corporation

Originating Lender Location Id

22839

Originating Lender

FNBC Bank and Trust

Originating Lender City

LA GRANGE

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

575082.50

Forgiveness Date

03/05/2021

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