PPP Loan information for Southport engineered systems, llc

$2,222,300

Southport engineered systems, llc was initially approved for PPP Loan of amount $2,222,300, the current approved amount is $2,222,300. The loan was approved on 04/07/2020 by The First American Bank reported 179 jobs and $2,222,300 was used to fund payroll.

Southport engineered systems, llc is Existing or more than 2 years old

SOUTHPORT ENGINEERED SYSTEMS, LLC

Date Approved

04/07/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

SOUTHPORT ENGINEERED SYSTEMS, LLC

Borrower Address

1343 S 27 Street

Borrower City

CALEDONIA

Borrower State

WI

Borrower Zip

53108

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2222300.00

Current Approval Amount

2222300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21238

Servicing Lender Name

First American Bank

Servicing Lender Address

700 Busse Rd

Servicing Lender City

ELK GROVE VILLAGE

Servicing Lender State

IL

Servicing Lender Zip

60007-2137

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CALEDONIA

Project County Name

RACINE

Project State

WI

Project Zip

53108-0001

CD

WI-01

Jobs Reported

179

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2222300.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

21238

Originating Lender

First American Bank

Originating Lender City

ELK GROVE VILLAGE

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2245634.15

Forgiveness Date

04/29/2021

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