PPP Loan information for Solutions mfg inc. formally mdl maching inc.

$261,140

Solutions mfg inc. formally mdl maching inc. was initially approved for PPP Loan of amount $261,140, the current approved amount is $261,140. The loan was approved on 04/11/2020 by The CenTrust Bank, National Association reported 28 jobs and $261,140 was used to fund payroll.

Solutions mfg inc. formally mdl maching inc. is Existing or more than 2 years old

PPP Loan Search / IL / Hoffman Estates / Solutions mfg inc. formally mdl maching inc.

SOLUTIONS MFG INC. FORMALLY MDL MACHING INC.

Date Approved

04/11/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

SOLUTIONS MFG INC. FORMALLY MDL MACHING INC.

Borrower Address

2109 Stonington Ave

Borrower City

Hoffman Estates

Borrower State

IL

Borrower Zip

60169-2016

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

261140.00

Current Approval Amount

261140.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

440810

Servicing Lender Name

CenTrust Bank, National Association

Servicing Lender Address

385 Waukegan Rd

Servicing Lender City

NORTHBROOK

Servicing Lender State

IL

Servicing Lender Zip

60062-1230

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hoffman Estates

Project County Name

COOK

Project State

IL

Project Zip

60169-2016

CD

IL-08

Jobs Reported

28

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

261140.00

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

440810

Originating Lender

CenTrust Bank, National Association

Originating Lender City

NORTHBROOK

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

263475.75

Forgiveness Date

03/10/2021

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