PPP Loan information for Quadrant tool and manufacturing company

$406,834

Quadrant tool and manufacturing company was initially approved for PPP Loan of amount $406,834, the current approved amount is $406,834. The loan was approved on 01/21/2021 by The Schaumburg Bank & Trust Company, National Association reported 22 jobs and $406,834 was used to fund payroll.

Quadrant tool and manufacturing company is Existing or more than 2 years old

PPP Loan Search / IL / Schaumburg / Quadrant tool and manufacturing company

QUADRANT TOOL AND MANUFACTURING COMPANY

Date Approved

01/21/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

QUADRANT TOOL AND MANUFACTURING COMPANY

Borrower Address

1720 W Irving Park Rd

Borrower City

Schaumburg

Borrower State

IL

Borrower Zip

60193-5477

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

406834.00

Current Approval Amount

406834.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

222507

Servicing Lender Name

Schaumburg Bank & Trust Company, National Association

Servicing Lender Address

1180 E Higgins Rd

Servicing Lender City

SCHAUMBURG

Servicing Lender State

IL

Servicing Lender Zip

60173-4709

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Schaumburg

Project County Name

COOK

Project State

IL

Project Zip

60193-5477

CD

IL-08

Jobs Reported

22

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

406834.00

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

Subchapter S Corporation

Originating Lender Location Id

222507

Originating Lender

Schaumburg Bank & Trust Company, National Association

Originating Lender City

SCHAUMBURG

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

411037.95

Forgiveness Date

02/09/2022

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