PPP Loan information for Industrial molds, inc.

$575,600

Industrial molds, inc. was initially approved for PPP Loan of amount $575,600, the current approved amount is $575,600. The loan was approved on 04/06/2020 by The Northwest Bank of Rockford reported 40 jobs and $575,600 was used to fund payroll.

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

PPP Loan Search / IL / ROCKFORD / Industrial molds, inc.

INDUSTRIAL MOLDS, INC.

Date Approved

04/06/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

INDUSTRIAL MOLDS, INC.

Borrower Address

5175 27th Avenue

Borrower City

ROCKFORD

Borrower State

IL

Borrower Zip

61109-1712

Loan Status Date

04/23/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

575600.00

Current Approval Amount

575600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22504

Servicing Lender Name

Northwest Bank of Rockford

Servicing Lender Address

3106 N Rockton Ave

Servicing Lender City

ROCKFORD

Servicing Lender State

IL

Servicing Lender Zip

61103-2837

Rural Urban Indicator

U

Hubzone Indicator

N

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

61109-1712

CD

IL-17

Jobs Reported

40

NAICS Code

333511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

143900.00

Payroll Proceed

431700.00

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

22504

Originating Lender

Northwest Bank of Rockford

Originating Lender City

ROCKFORD

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

578861.73

Forgiveness Date

11/05/2020

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