PPP Loan information for Ro-pal grinding inc.

$145,559

Ro-pal grinding inc. was initially approved for PPP Loan of amount $145,559, the current approved amount is $145,559. The loan was approved on 01/19/2021 by The Northwest Bank of Rockford reported 11 jobs and $145,559 was used to fund payroll.

Ro-pal grinding inc. is Existing or more than 2 years old

PPP Loan Search / IL / Rockford / Ro-pal grinding inc.

RO-PAL GRINDING INC.

Date Approved

01/19/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

RO-PAL GRINDING INC.

Borrower Address

1916 20th Ave

Borrower City

Rockford

Borrower State

IL

Borrower Zip

61104-7320

Loan Status Date

04/23/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

145559.20

Current Approval Amount

145559.20

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22504

Servicing Lender Name

Northwest Bank of Rockford

Servicing Lender Address

3106 N Rockton Ave

Servicing Lender City

ROCKFORD

Servicing Lender State

IL

Servicing Lender Zip

61103-2837

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Rockford

Project County Name

WINNEBAGO

Project State

IL

Project Zip

61104-7320

CD

IL-17

Jobs Reported

11

NAICS Code

332999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

145553.20

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

22504

Originating Lender

Northwest Bank of Rockford

Originating Lender City

ROCKFORD

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

146764.11

Forgiveness Date

11/24/2021

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