PPP Loan information for Milan's machining & mfg. co., inc

$866,465

Milan's machining & mfg. co., inc was initially approved for PPP Loan of amount $921,900, the current approved amount is $866,465. The loan was approved on 04/08/2020 by The Old Second National Bank reported 67 jobs and $866,465 was used to fund payroll.

Milan's machining & mfg. co., inc is Existing or more than 2 years old

PPP Loan Search / IL / CICERO / Milan's machining & mfg. co., inc

MILAN'S MACHINING & MFG. CO., INC

Date Approved

04/08/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MILAN'S MACHINING & MFG. CO., INC

Borrower Address

1301 S. Laramie

Borrower City

CICERO

Borrower State

IL

Borrower Zip

60804

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

921900.00

Current Approval Amount

866465.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20282

Servicing Lender Name

Old Second National Bank

Servicing Lender Address

37 S River St

Servicing Lender City

AURORA

Servicing Lender State

IL

Servicing Lender Zip

60506-4173

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CICERO

Project County Name

COOK

Project State

IL

Project Zip

60804-0001

CD

IL-04

Jobs Reported

67

NAICS Code

332710

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

866465.00

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

20282

Originating Lender

Old Second National Bank

Originating Lender City

AURORA

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

874383.53

Forgiveness Date

03/09/2021

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