PPP Loan information for Rockford burrall machine company inc.

$591,642

Rockford burrall machine company inc. was initially approved for PPP Loan of amount $591,642, the current approved amount is $591,642. The loan was approved on 05/21/2021 by The International Bank of Chicago reported 30 jobs and $591,642 was used to fund payroll.

Rockford burrall machine company inc. is Existing or more than 2 years old

ROCKFORD BURRALL MACHINE COMPANY INC.

Date Approved

05/21/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

ROCKFORD BURRALL MACHINE COMPANY INC.

Borrower Address

4520 Shepherd Trl

Borrower City

Rockford

Borrower State

IL

Borrower Zip

61103-1238

Loan Status Date

01/01/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

591641.50

Current Approval Amount

591641.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117945

Servicing Lender Name

International Bank of Chicago

Servicing Lender Address

5069 N Broadway

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60640-3014

Rural Urban Indicator

U

Hubzone Indicator

N

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

61103-1238

CD

IL-16

Jobs Reported

30

NAICS Code

332721

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

591639.50

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

117945

Originating Lender

International Bank of Chicago

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

594994.14

Forgiveness Date

12/29/2021

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