PPP Loan information for Industrial modern pattern & mold corp

$250,000

Industrial modern pattern & mold corp was initially approved for PPP Loan of amount $250,000, the current approved amount is $250,000. The loan was approved on 04/07/2020 by The Village Bank and Trust, National Association reported 15 jobs and $250,000 was used to fund payroll.

Industrial modern pattern & mold corp is Existing or more than 2 years old

PPP Loan Search / IL / ELK GROVE VILLAGE / Industrial modern pattern & mold corp

INDUSTRIAL MODERN PATTERN & MOLD CORP

Date Approved

04/07/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

INDUSTRIAL MODERN PATTERN & MOLD CORP

Borrower Address

970 NICHOLAS BLVD

Borrower City

ELK GROVE VILLAGE

Borrower State

IL

Borrower Zip

60007-2513

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

250000.00

Current Approval Amount

250000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119325

Servicing Lender Name

Village Bank and Trust, National Association

Servicing Lender Address

234 W Northwest Hwy

Servicing Lender City

ARLINGTON HEIGHTS

Servicing Lender State

IL

Servicing Lender Zip

60004-5934

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ELK GROVE VILLAGE

Project County Name

COOK

Project State

IL

Project Zip

60007-2513

CD

IL-03

Jobs Reported

15

NAICS Code

326150

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

25000.00

Payroll Proceed

187500.00

Mortgage Interest Proceed

37500.00

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

119325

Originating Lender

Village Bank and Trust, National Association

Originating Lender City

ARLINGTON HEIGHTS

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

253347.22

Forgiveness Date

08/12/2021

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