PPP Loan information for Shift rite transmissions

$70,047

Shift rite transmissions was initially approved for PPP Loan of amount $70,047, the current approved amount is $70,047. The loan was approved on 04/28/2020 by The First Trust Bank of Illinois reported 8 jobs and $70,047 was used to fund payroll.

Shift rite transmissions is Unanswered

SHIFT RITE TRANSMISSIONS

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

70047.00

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

KANKAKEE

Servicing Lender State

IL

Servicing Lender Zip

60901-3838

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

KANKAKEE

Project County Name

KANKAKEE

Project State

IL

Project Zip

60901-0001

CD

IL-02

Jobs Reported

8

NAICS Code

811113

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

70047.00

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

123046

Originating Lender

First Trust Bank of Illinois

Originating Lender City

KANKAKEE

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

70527.60

Forgiveness Date

01/07/2021

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