PPP Loan information for Machine shop & supply, inc.

$130,000

Machine shop & supply, inc. was initially approved for PPP Loan of amount $130,000, the current approved amount is $130,000. The loan was approved on 04/29/2020 by The Northwest Bank of Rockford reported 15 jobs and $130,000 was used to fund payroll.

Machine shop & supply, inc. is Existing or more than 2 years old

PPP Loan Search / IL / ROCKFORD / Machine shop & supply, inc.

MACHINE SHOP & SUPPLY, INC.

Date Approved

04/29/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MACHINE SHOP & SUPPLY, INC.

Borrower Address

606 S Avon Street

Borrower City

ROCKFORD

Borrower State

IL

Borrower Zip

61102-2120

Loan Status Date

04/23/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

130000.00

Current Approval Amount

130000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22504

Servicing Lender Name

Northwest Bank of Rockford

Servicing Lender Address

3106 N Rockton Ave

Servicing Lender City

ROCKFORD

Servicing Lender State

IL

Servicing Lender Zip

61103-2837

Rural Urban Indicator

U

Hubzone Indicator

Y

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

61102-2120

CD

IL-17

Jobs Reported

15

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

32500.00

Payroll Proceed

97500.00

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

22504

Originating Lender

Northwest Bank of Rockford

Originating Lender City

ROCKFORD

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

130678.89

Forgiveness Date

11/12/2020

;