PPP Loan information for Stanco welder and machinery company

$166,665

Stanco welder and machinery company was initially approved for PPP Loan of amount $166,665, the current approved amount is $166,665. The loan was approved on 05/01/2020 by The Fifth Third Bank reported 8 jobs and $166,665 was used to fund payroll.

Stanco welder and machinery company is Existing or more than 2 years old

PPP Loan Search / IL / DES PLAINES / Stanco welder and machinery company

STANCO WELDER AND MACHINERY COMPANY

Date Approved

05/01/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

STANCO WELDER AND MACHINERY COMPANY

Borrower Address

500 E TOUHY AVE

Borrower City

DES PLAINES

Borrower State

IL

Borrower Zip

60018

Loan Status Date

03/16/2023

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

166665.00

Current Approval Amount

166665.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DES PLAINES

Project County Name

COOK

Project State

IL

Project Zip

60018-0501

CD

IL-08

Jobs Reported

8

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

166665.00

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

Corporation

Originating Lender Location Id

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

135280.32

Forgiveness Date

01/18/2023

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