PPP Loan information for Omni gear & machine corp

$250,300

Omni gear & machine corp was initially approved for PPP Loan of amount $250,300, the current approved amount is $250,300. The loan was approved on 04/09/2020 by The Merchants and Manufacturers Bank reported 22 jobs and $250,300 was used to fund payroll.

Omni gear & machine corp is Existing or more than 2 years old

PPP Loan Search / IL / JOLIET / Omni gear & machine corp

OMNI GEAR & MACHINE CORP

Date Approved

04/09/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

OMNI GEAR & MACHINE CORP

Borrower Address

90 BISSEL ST

Borrower City

JOLIET

Borrower State

IL

Borrower Zip

60432-3052

Loan Status Date

12/11/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

250300.00

Current Approval Amount

250300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21574

Servicing Lender Name

Merchants and Manufacturers Bank

Servicing Lender Address

801 S Briggs St

Servicing Lender City

JOLIET

Servicing Lender State

IL

Servicing Lender Zip

60433-9522

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

JOLIET

Project County Name

WILL

Project State

IL

Project Zip

60432-3052

CD

IL-14

Jobs Reported

22

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

178700.00

Mortgage Interest Proceed

0.00

Rent Proceed

20600.00

Refinance EIDL Proceed

0.00

Health Care Proceed

42000.00

Debt Interest Proceed

9000

Business Type

Subchapter S Corporation

Originating Lender Location Id

21574

Originating Lender

Merchants and Manufacturers Bank

Originating Lender City

JOLIET

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

251683.60

Forgiveness Date

11/03/2020

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