PPP Loan information for Maac machinery co., inc.

$500,000

Maac machinery co., inc. was initially approved for PPP Loan of amount $500,000, the current approved amount is $500,000. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 32 jobs and $500,000 was used to fund payroll.

Maac machinery co., inc. is Existing or more than 2 years old

PPP Loan Search / IL / CAROL STREAM / Maac machinery co., inc.

MAAC MACHINERY CO., INC.

Date Approved

05/01/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MAAC MACHINERY CO., INC.

Borrower Address

590 TOWER BLVD

Borrower City

CAROL STREAM

Borrower State

IL

Borrower Zip

60188

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

500000.00

Current Approval Amount

500000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CAROL STREAM

Project County Name

DUPAGE

Project State

IL

Project Zip

60188-0001

CD

IL-08

Jobs Reported

32

NAICS Code

333249

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

15000.00

Payroll Proceed

421000.00

Mortgage Interest Proceed

0.00

Rent Proceed

42000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

22000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

503579.72

Forgiveness Date

01/20/2021

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