PPP Loan information for J & l cnc quality machining inc.

$196,740

J & l cnc quality machining inc. was initially approved for PPP Loan of amount $196,740, the current approved amount is $196,740. The loan was approved on 03/20/2021 by The First American Bank reported 15 jobs and $196,740 was used to fund payroll.

J & l cnc quality machining inc. is Existing or more than 2 years old

J & L CNC QUALITY MACHINING INC.

Date Approved

03/20/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

J & L CNC QUALITY MACHINING INC.

Borrower Address

12633 S Springfield Ave

Borrower City

Alsip

Borrower State

IL

Borrower Zip

60803-1410

Loan Status Date

12/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

196740.00

Current Approval Amount

196740.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21238

Servicing Lender Name

First American Bank

Servicing Lender Address

700 Busse Rd

Servicing Lender City

ELK GROVE VILLAGE

Servicing Lender State

IL

Servicing Lender Zip

60007-2137

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Alsip

Project County Name

COOK

Project State

IL

Project Zip

60803-1410

CD

IL-01

Jobs Reported

15

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

196737.00

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

Corporation

Originating Lender Location Id

21238

Originating Lender

First American Bank

Originating Lender City

ELK GROVE VILLAGE

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

197986.02

Forgiveness Date

11/17/2021

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