PPP Loan information for Silver machine shop

$50,900

Silver machine shop was initially approved for PPP Loan of amount $50,900, the current approved amount is $50,900. The loan was approved on 05/05/2020 by The Busey Bank reported 6 jobs and $50,900 was used to fund payroll.

Silver machine shop is Unanswered

SILVER MACHINE SHOP

Date Approved

05/05/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

SILVER MACHINE SHOP

Borrower Address

713 N. Market St.

Borrower City

CHAMPAIGN

Borrower State

IL

Borrower Zip

61820

Loan Status Date

08/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50900.00

Current Approval Amount

50900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22749

Servicing Lender Name

Busey Bank

Servicing Lender Address

100 W University Ave

Servicing Lender City

CHAMPAIGN

Servicing Lender State

IL

Servicing Lender Zip

61820-3910

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

CHAMPAIGN

Project County Name

CHAMPAIGN

Project State

IL

Project Zip

61820-0001

CD

IL-13

Jobs Reported

6

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

38175.00

Mortgage Interest Proceed

0.00

Rent Proceed

12725.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

22749

Originating Lender

Busey Bank

Originating Lender City

CHAMPAIGN

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

51485.70

Forgiveness Date

07/02/2021

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