PPP Loan information for Ingersoll machine tool, inc.

$2,155,200

Ingersoll machine tool, inc. was initially approved for PPP Loan of amount $2,155,200, the current approved amount is $2,155,200. The loan was approved on 04/29/2020 by The Comerica Bank reported 173 jobs and $2,155,200 was used to fund payroll.

Ingersoll machine tool, inc. is Existing or more than 2 years old

PPP Loan Search / IL / ROCKFORD / Ingersoll machine tool, inc.

INGERSOLL MACHINE TOOL, INC.

Date Approved

04/29/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

INGERSOLL MACHINE TOOL, INC.

Borrower Address

707 Fulton Ave

Borrower City

ROCKFORD

Borrower State

IL

Borrower Zip

61103-4069

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2155200.00

Current Approval Amount

2155200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCKFORD

Project County Name

WINNEBAGO

Project State

IL

Project Zip

61103-4069

CD

IL-17

Jobs Reported

173

NAICS Code

333517

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1724184.00

Mortgage Interest Proceed

431016.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2180224.27

Forgiveness Date

07/01/2021

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