PPP Loan information for Service mechanical industries

Date Approved

04/07/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

SERVICE MECHANICAL INDUSTRIES

Borrower Address

700 Cooper Court Suite A

Borrower City

SCHAUMBURG

Borrower State

IL

Borrower Zip

60173-4537

Loan Status Date

06/03/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

455007.00

Current Approval Amount

455007.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203722

Servicing Lender Name

Northbrook Bank & Trust Company, National Association

Servicing Lender Address

1100 Waukegan Rd

Servicing Lender City

NORTHBROOK

Servicing Lender State

IL

Servicing Lender Zip

60062-4663

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SCHAUMBURG

Project County Name

COOK

Project State

IL

Project Zip

60173-4537

CD

IL-08

Jobs Reported

25

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

56875.88

Payroll Proceed

341255.25

Mortgage Interest Proceed

56875.87

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

203722

Originating Lender

Northbrook Bank & Trust Company, National Association

Originating Lender City

NORTHBROOK

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

457699.12

Forgiveness Date

11/17/2020