PPP Loan information for Procision boring inc.

$180,545

Procision boring inc. was initially approved for PPP Loan of amount $180,545, the current approved amount is $180,545. The loan was approved on 02/14/2021 by The State Bank of the Lakes, National Association reported 8 jobs and $180,545 was used to fund payroll.

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

PROCISION BORING INC.

Date Approved

02/14/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

PROCISION BORING INC.

Borrower Address

40 Noll St

Borrower City

Waukegan

Borrower State

IL

Borrower Zip

60085-3031

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

180545.00

Current Approval Amount

180545.00

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

237990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

180545.00

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

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

182124.77

Forgiveness Date

01/06/2022

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