PPP Loan information for Redline metals inc.

$785,047

Redline metals inc. was initially approved for PPP Loan of amount $785,047, the current approved amount is $785,047. The loan was approved on 01/23/2021 by The Old Second National Bank reported 47 jobs and $785,047 was used to fund payroll.

Redline metals inc. is Existing or more than 2 years old

PPP Loan Search / IL / Lombard / Redline metals inc.

REDLINE METALS INC.

Date Approved

01/23/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

REDLINE METALS INC.

Borrower Address

930 N Du Page Ave

Borrower City

Lombard

Borrower State

IL

Borrower Zip

60148-1242

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

785047.00

Current Approval Amount

785047.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20282

Servicing Lender Name

Old Second National Bank

Servicing Lender Address

37 S River St

Servicing Lender City

AURORA

Servicing Lender State

IL

Servicing Lender Zip

60506-4173

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lombard

Project County Name

DUPAGE

Project State

IL

Project Zip

60148-1242

CD

IL-03

Jobs Reported

47

NAICS Code

423930

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

785045.00

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

20282

Originating Lender

Old Second National Bank

Originating Lender City

AURORA

Originating Lender State

IL

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

788078.15

Forgiveness Date

06/15/2021

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