PPP Loan information for Ingersoll production systems llc

$501,622

Ingersoll production systems llc was initially approved for PPP Loan of amount $501,622, the current approved amount is $501,622. The loan was approved on 04/15/2020 by The Midland States Bank reported 33 jobs and $501,622 was used to fund payroll.

Ingersoll production systems llc is Existing or more than 2 years old

INGERSOLL PRODUCTION SYSTEMS LLC

Date Approved

04/15/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

INGERSOLL PRODUCTION SYSTEMS LLC

Borrower Address

1301 Eddy Av

Borrower City

ROCKFORD

Borrower State

IL

Borrower Zip

61103

Loan Status Date

05/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

501622.00

Current Approval Amount

501622.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21299

Servicing Lender Name

Midland States Bank

Servicing Lender Address

110 S. 5th St

Servicing Lender City

EFFINGHAM

Servicing Lender State

IL

Servicing Lender Zip

62401-2453

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

61103-1100

CD

IL-16

Jobs Reported

33

NAICS Code

333514

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

501622.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

21299

Originating Lender

Midland States Bank

Originating Lender City

EFFINGHAM

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

478849.76

Forgiveness Date

03/31/2021

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