PPP Loan information for Processed steel company

$2,124,160

Processed steel company was initially approved for PPP Loan of amount $2,124,160, the current approved amount is $2,124,160. The loan was approved on 04/14/2020 by The Fifth Third Bank reported 149 jobs and $2,124,160 was used to fund payroll.

Processed steel company is Existing or more than 2 years old

PROCESSED STEEL COMPANY

Date Approved

04/14/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

PROCESSED STEEL COMPANY

Borrower Address

3703 S ROUTE 31

Borrower City

CRYSTAL LAKE

Borrower State

IL

Borrower Zip

60012

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2124160.00

Current Approval Amount

2124160.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CRYSTAL LAKE

Project County Name

MCHENRY

Project State

IL

Project Zip

60012-1000

CD

IL-11

Jobs Reported

149

NAICS Code

332999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2124160.00

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

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2147938.79

Forgiveness Date

06/11/2021

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