PPP Loan information for O & l machine co

$125,868

O & l machine co was initially approved for PPP Loan of amount $125,868, the current approved amount is $125,868. The loan was approved on 05/18/2020 by The Cross River Bank reported 11 jobs and $125,868 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

05/18/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

O & L MACHINE CO

Borrower Address

1115 18TH AVE

Borrower City

ROCKFORD

Borrower State

IL

Borrower Zip

61104

Loan Status Date

03/23/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

125868.00

Current Approval Amount

125868.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

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

61104-1000

CD

IL-17

Jobs Reported

11

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

125868.00

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

529113

Originating Lender

Kabbage, Inc.

Originating Lender City

Atlanta

Originating Lender State

GA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

127754.30

Forgiveness Date

11/17/2021

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