PPP Loan information for Industrial metals recycling corporation

$767,841

Industrial metals recycling corporation was initially approved for PPP Loan of amount $679,025, the current approved amount is $767,841. The loan was approved on 04/11/2020 by The Old National Bank reported 59 jobs and $767,841 was used to fund payroll.

Industrial metals recycling corporation is Existing or more than 2 years old

PPP Loan Search / IL / Elgin / Industrial metals recycling corporation

INDUSTRIAL METALS RECYCLING CORPORATION

Date Approved

04/11/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

INDUSTRIAL METALS RECYCLING CORPORATION

Borrower Address

955 Brandt Dr

Borrower City

Elgin

Borrower State

IL

Borrower Zip

60120-1601

Loan Status Date

04/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

679025.00

Current Approval Amount

767840.53

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Elgin

Project County Name

KANE

Project State

IL

Project Zip

60120-1601

CD

IL-03

Jobs Reported

59

NAICS Code

423510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

767840.53

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

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

774452.49

Forgiveness Date

02/25/2021

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