Date Approved
02/22/2021
SBA Office Code
0507
Processing Method
PPS
Borrower Name
MECHANICAL DEVICES COMPANY
Borrower Address
2005 General Electric Rd
Borrower City
Bloomington
Borrower State
IL
Borrower Zip
61704-1320
Loan Status Date
10/13/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
1944800.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
21955
Servicing Lender Name
First State Bank
Servicing Lender Address
706 Washington St
Servicing Lender City
MENDOTA
Servicing Lender State
Servicing Lender Zip
61342-1628
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
MCLEAN
Project State
Project Zip
CD
IL-16
Jobs Reported
155
NAICS Code
333249
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
1944797.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Female Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
1955296.59
Forgiveness Date
09/22/2021