PPP Loan information for Special power, inc.

$695,555

Special power, inc. was initially approved for PPP Loan of amount $695,555, the current approved amount is $695,555. The loan was approved on 04/14/2020 by The Midland States Bank reported 23 jobs and $695,555 was used to fund payroll.

Special power, inc. is Existing or more than 2 years old

PPP Loan Search / IL / ROCKFORD / Special power, inc.

SPECIAL POWER, INC.

Date Approved

04/14/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

SPECIAL POWER, INC.

Borrower Address

1226 18th Ave

Borrower City

ROCKFORD

Borrower State

IL

Borrower Zip

61104

Loan Status Date

01/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

695555.00

Current Approval Amount

695555.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21299

Servicing Lender Name

Midland States Bank

Servicing Lender Address

110 S. 5th St

Servicing Lender City

EFFINGHAM

Servicing Lender State

IL

Servicing Lender Zip

62401-2453

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ROCKFORD

Project County Name

WINNEBAGO

Project State

IL

Project Zip

61104-1000

CD

IL-17

Jobs Reported

23

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

555.00

Payroll Proceed

695000.00

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

21299

Originating Lender

Midland States Bank

Originating Lender City

EFFINGHAM

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

568093.03

Forgiveness Date

05/21/2021

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