PPP Loan information for Industrial maintenance welding & machining company, inc.

$1,664,928

Industrial maintenance welding & machining company, inc. was initially approved for PPP Loan of amount $1,664,929, the current approved amount is $1,664,928. The loan was approved on 04/08/2020 by The CIBC Bank USA reported 109 jobs and $1,664,928 was used to fund payroll.

Industrial maintenance welding & machining company, inc. is Existing or more than 2 years old

PPP Loan Search / IL / CHICAGO / Industrial maintenance welding & machining company, inc.

INDUSTRIAL MAINTENANCE WELDING & MACHINING COMPANY, INC.

Date Approved

04/08/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

INDUSTRIAL MAINTENANCE WELDING & MACHINING COMPANY, INC.

Borrower Address

1431 West Pershing Rd

Borrower City

CHICAGO

Borrower State

IL

Borrower Zip

60609-2407

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1664928.52

Current Approval Amount

1664928.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

116998

Servicing Lender Name

CIBC Bank USA

Servicing Lender Address

120 S LaSalle St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-3403

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHICAGO

Project County Name

COOK

Project State

IL

Project Zip

60609-2407

CD

IL-04

Jobs Reported

109

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1664928.00

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

116998

Originating Lender

CIBC Bank USA

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1675472.54

Forgiveness Date

11/30/2020

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