PPP Loan information for Magneco/metrel, inc.

$2,459,632

Magneco/metrel, inc. was initially approved for PPP Loan of amount $2,459,632, the current approved amount is $2,459,632. The loan was approved on 04/29/2020 by The The Northern Trust Company reported 145 jobs and $2,459,632 was used to fund payroll.

Magneco/metrel, inc. is Existing or more than 2 years old

PPP Loan Search / IL / ADDISON / Magneco/metrel, inc.

MAGNECO/METREL, INC.

Date Approved

04/29/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MAGNECO/METREL, INC.

Borrower Address

233 W. Interstate Road

Borrower City

ADDISON

Borrower State

IL

Borrower Zip

60101-4513

Loan Status Date

07/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2459632.00

Current Approval Amount

2459632.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21037

Servicing Lender Name

The Northern Trust Company

Servicing Lender Address

50 S LaSalle St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-1008

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ADDISON

Project County Name

DUPAGE

Project State

IL

Project Zip

60101-4513

CD

IL-03

Jobs Reported

145

NAICS Code

332812

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2459632.00

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

21037

Originating Lender

The Northern Trust Company

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

2487576.15

Forgiveness Date

06/22/2021

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