PPP Loan information for Porter pipe & supply company

$2,932,947

Porter pipe & supply company was initially approved for PPP Loan of amount $2,932,947, the current approved amount is $2,932,947. The loan was approved on 04/08/2020 by The St. Charles Bank & Trust Company, National Association reported 199 jobs and $2,932,947 was used to fund payroll.

Porter pipe & supply company is Existing or more than 2 years old

PORTER PIPE & SUPPLY COMPANY

Date Approved

04/08/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

PORTER PIPE & SUPPLY COMPANY

Borrower Address

401 S ROHLWING RD

Borrower City

ADDISON

Borrower State

IL

Borrower Zip

60101-3025

Loan Status Date

05/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2932947.00

Current Approval Amount

2932947.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

111865

Servicing Lender Name

St. Charles Bank & Trust Company, National Association

Servicing Lender Address

411 W Main St

Servicing Lender City

SAINT CHARLES

Servicing Lender State

IL

Servicing Lender Zip

60174-1815

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ADDISON

Project County Name

DUPAGE

Project State

IL

Project Zip

60101-3025

CD

IL-03

Jobs Reported

199

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2199711.00

Mortgage Interest Proceed

0.00

Rent Proceed

439942.00

Refinance EIDL Proceed

0.00

Health Care Proceed

293294.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

111865

Originating Lender

St. Charles Bank & Trust Company, National Association

Originating Lender City

SAINT CHARLES

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2962113.53

Forgiveness Date

04/14/2021

;