PPP Loan information for Precision wheel repair, inc.

$316,700

Precision wheel repair, inc. was initially approved for PPP Loan of amount $316,700, the current approved amount is $316,700. The loan was approved on 04/04/2020 by The Community Bank of Elmhurst reported 43 jobs and $316,700 was used to fund payroll.

Precision wheel repair, inc. is Existing or more than 2 years old

PPP Loan Search / IL / PALATINE / Precision wheel repair, inc.

PRECISION WHEEL REPAIR, INC.

Date Approved

04/04/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

PRECISION WHEEL REPAIR, INC.

Borrower Address

649 S VERMONT ST

Borrower City

PALATINE

Borrower State

IL

Borrower Zip

60067-6949

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

316700.00

Current Approval Amount

316700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

118126

Servicing Lender Name

Community Bank of Elmhurst

Servicing Lender Address

330 W Butterfield Rd

Servicing Lender City

ELMHURST

Servicing Lender State

IL

Servicing Lender Zip

60126-5009

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PALATINE

Project County Name

COOK

Project State

IL

Project Zip

60067-6949

CD

IL-08

Jobs Reported

43

NAICS Code

811121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

39587.50

Payroll Proceed

237525.00

Mortgage Interest Proceed

0.00

Rent Proceed

39587.50

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

118126

Originating Lender

Community Bank of Elmhurst

Originating Lender City

ELMHURST

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

319519.93

Forgiveness Date

03/05/2021

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