PPP Loan information for Rss grinders & automation inc

$213,500

Rss grinders & automation inc was initially approved for PPP Loan of amount $213,440, the current approved amount is $213,500. The loan was approved on 04/05/2020 by The Barrington Bank & Trust Company, National Association reported 13 jobs and $213,500 was used to fund payroll.

Rss grinders & automation inc is Existing or more than 2 years old

RSS GRINDERS & AUTOMATION INC

Date Approved

04/05/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

RSS GRINDERS & AUTOMATION INC

Borrower Address

1001 N. RIDGE AVE

Borrower City

LOMBARD

Borrower State

IL

Borrower Zip

60148-1210

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

213440.00

Current Approval Amount

213500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121149

Servicing Lender Name

Barrington Bank & Trust Company, National Association

Servicing Lender Address

201 S Hough St

Servicing Lender City

BARRINGTON

Servicing Lender State

IL

Servicing Lender Zip

60010-4321

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

60148-1210

CD

IL-03

Jobs Reported

13

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

21344.00

Payroll Proceed

170812.00

Mortgage Interest Proceed

21344.00

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

121149

Originating Lender

Barrington Bank & Trust Company, National Association

Originating Lender City

BARRINGTON

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

215136.83

Forgiveness Date

01/19/2021

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