Date Approved
04/28/2020
SBA Office Code
0507
Processing Method
PPP
Borrower Name
SHIFT RITE TRANSMISSIONS
Borrower Address
485 N. Hobbie
Borrower City
KANKAKEE
Borrower State
IL
Borrower Zip
60901
Loan Status Date
02/19/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
70047.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
123046
Servicing Lender Name
First Trust Bank of Illinois
Servicing Lender Address
275 E Court St
Servicing Lender City
Servicing Lender State
Servicing Lender Zip
60901-3838
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Y
Business Age Description
Unanswered
Project City
Project County Name
Project State
Project Zip
60901-0001
CD
IL-02
Jobs Reported
8
NAICS Code
811113
Race
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non Profit
Forgiveness Amount
70527.60
Forgiveness Date
01/07/2021