PPP Loan information for O & l machine co

$119,963

O & l machine co was initially approved for PPP Loan of amount $119,963, the current approved amount is $119,963. The loan was approved on 02/11/2021 by The Customers Bank reported 11 jobs and $119,963 was used to fund payroll.

O & l machine co is Existing or more than 2 years old

PPP Loan Search / IL / Rockford / O & l machine co

O & L MACHINE CO

Date Approved

02/11/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

O & L MACHINE CO

Borrower Address

1115 18th Ave

Borrower City

Rockford

Borrower State

IL

Borrower Zip

61104-3421

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

119963.00

Current Approval Amount

119963.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

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

61104-3421

CD

IL-17

Jobs Reported

11

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

119960.00

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

121536

Originating Lender

Customers Bank

Originating Lender City

Malvern

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

120682.78

Forgiveness Date

09/24/2021

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