PPP Loan information for Procision boring, inc.

$180,500

Procision boring, inc. was initially approved for PPP Loan of amount $180,500, the current approved amount is $180,500. The loan was approved on 04/14/2020 by The State Bank of the Lakes, National Association reported 8 jobs and $180,500 was used to fund payroll.

Procision boring, inc. is Existing or more than 2 years old

PROCISION BORING, INC.

Date Approved

04/14/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

PROCISION BORING, INC.

Borrower Address

40 NOLL ST

Borrower City

WAUKEGAN

Borrower State

IL

Borrower Zip

60085-3031

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

180500.00

Current Approval Amount

180500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20227

Servicing Lender Name

State Bank of the Lakes, National Association

Servicing Lender Address

440 Lake St

Servicing Lender City

ANTIOCH

Servicing Lender State

IL

Servicing Lender Zip

60002-1406

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WAUKEGAN

Project County Name

LAKE

Project State

IL

Project Zip

60085-3031

CD

IL-10

Jobs Reported

8

NAICS Code

238910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

22562.00

Payroll Proceed

135375.00

Mortgage Interest Proceed

0.00

Rent Proceed

22563.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

20227

Originating Lender

State Bank of the Lakes, National Association

Originating Lender City

ANTIOCH

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

182545.67

Forgiveness Date

06/03/2021

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