PPP Loan information for Polytech industries, incorporated

$161,500

Polytech industries, incorporated was initially approved for PPP Loan of amount $161,500, the current approved amount is $161,500. The loan was approved on 04/28/2020 by The First State Bank reported 13 jobs and $161,500 was used to fund payroll.

Polytech industries, incorporated is Existing or more than 2 years old

PPP Loan Search / IL / SAINT CHARLES / Polytech industries, incorporated

POLYTECH INDUSTRIES, INCORPORATED

Date Approved

04/28/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

POLYTECH INDUSTRIES, INCORPORATED

Borrower Address

1755 WALLACE AVE

Borrower City

SAINT CHARLES

Borrower State

IL

Borrower Zip

60174-3402

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

161500.00

Current Approval Amount

161500.00

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

IL

Servicing Lender Zip

61342-1628

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAINT CHARLES

Project County Name

KANE

Project State

IL

Project Zip

60174-3402

CD

IL-08

Jobs Reported

13

NAICS Code

326199

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

6569.00

Payroll Proceed

122301.00

Mortgage Interest Proceed

0.00

Rent Proceed

29739.00

Refinance EIDL Proceed

0.00

Health Care Proceed

2891.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

21955

Originating Lender

First State Bank

Originating Lender City

MENDOTA

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

163265.44

Forgiveness Date

06/09/2021

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