PPP Loan information for Liftomatic material handling inc

$223,300

Liftomatic material handling inc was initially approved for PPP Loan of amount $223,300, the current approved amount is $223,300. The loan was approved on 04/08/2020 by The The Huntington National Bank reported 11 jobs and $223,300 was used to fund payroll.

Liftomatic material handling inc is Existing or more than 2 years old

LIFTOMATIC MATERIAL HANDLING INC

Date Approved

04/08/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

LIFTOMATIC MATERIAL HANDLING INC

Borrower Address

700 Dartmouth ln

Borrower City

BUFFALO GROVE

Borrower State

IL

Borrower Zip

60089-6902

Loan Status Date

11/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

223300.00

Current Approval Amount

223300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BUFFALO GROVE

Project County Name

LAKE

Project State

IL

Project Zip

60089-6902

CD

IL-10

Jobs Reported

11

NAICS Code

423390

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

223300.00

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

225055.81

Forgiveness Date

02/10/2021

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