PPP Loan information for Main source machining inc

$55,005

Main source machining inc was initially approved for PPP Loan of amount $55,005, the current approved amount is $55,005. The loan was approved on 04/16/2020 by The Midland States Bank reported 3 jobs and $55,005 was used to fund payroll.

Main source machining inc is Existing or more than 2 years old

PPP Loan Search / IL / ROCKFORD / Main source machining inc

MAIN SOURCE MACHINING INC

Date Approved

04/16/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MAIN SOURCE MACHINING INC

Borrower Address

2411 Latham St

Borrower City

ROCKFORD

Borrower State

IL

Borrower Zip

61103

Loan Status Date

08/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

55005.00

Current Approval Amount

55005.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21299

Servicing Lender Name

Midland States Bank

Servicing Lender Address

110 S. 5th St

Servicing Lender City

EFFINGHAM

Servicing Lender State

IL

Servicing Lender Zip

62401-2453

Rural Urban Indicator

U

Hubzone Indicator

N

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

61103-1100

CD

IL-16

Jobs Reported

3

NAICS Code

332710

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

55005.00

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

21299

Originating Lender

Midland States Bank

Originating Lender City

EFFINGHAM

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

55660.54

Forgiveness Date

07/06/2021

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