PPP Loan information for Ludlow manufacturing, inc.

$698,731

Ludlow manufacturing, inc. was initially approved for PPP Loan of amount $688,750, the current approved amount is $698,731. The loan was approved on 04/05/2020 by The Barrington Bank & Trust Company, National Association reported 69 jobs and $698,731 was used to fund payroll.

Ludlow manufacturing, inc. is Existing or more than 2 years old

PPP Loan Search / IL / WAUKEGAN / Ludlow manufacturing, inc.

LUDLOW MANUFACTURING, INC.

Date Approved

04/05/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

LUDLOW MANUFACTURING, INC.

Borrower Address

3821 HAWTHORNE CT

Borrower City

WAUKEGAN

Borrower State

IL

Borrower Zip

60087-3221

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

688750.00

Current Approval Amount

698731.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121149

Servicing Lender Name

Barrington Bank & Trust Company, National Association

Servicing Lender Address

201 S Hough St

Servicing Lender City

BARRINGTON

Servicing Lender State

IL

Servicing Lender Zip

60010-4321

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WAUKEGAN

Project County Name

LAKE

Project State

IL

Project Zip

60087-3221

CD

IL-10

Jobs Reported

69

NAICS Code

332322

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

87342.00

Payroll Proceed

524048.00

Mortgage Interest Proceed

0.00

Rent Proceed

87341.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

121149

Originating Lender

Barrington Bank & Trust Company, National Association

Originating Lender City

BARRINGTON

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

693571.25

Forgiveness Date

12/28/2020

;