PPP Loan information for Suburban machine corporation

$400,000

Suburban machine corporation was initially approved for PPP Loan of amount $400,000, the current approved amount is $400,000. The loan was approved on 04/09/2020 by The Libertyville Bank & Trust Company, National Association reported 26 jobs and $400,000 was used to fund payroll.

Suburban machine corporation is Existing or more than 2 years old

PPP Loan Search / IL / WHEELING / Suburban machine corporation

SUBURBAN MACHINE CORPORATION

Date Approved

04/09/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

SUBURBAN MACHINE CORPORATION

Borrower Address

512 Northgate Parkway

Borrower City

WHEELING

Borrower State

IL

Borrower Zip

60090-2664

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

400000.00

Current Approval Amount

400000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119728

Servicing Lender Name

Libertyville Bank & Trust Company, National Association

Servicing Lender Address

507 N Milwaukee Ave

Servicing Lender City

LIBERTYVILLE

Servicing Lender State

IL

Servicing Lender Zip

60048-2000

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WHEELING

Project County Name

COOK

Project State

IL

Project Zip

60090-2664

CD

IL-10

Jobs Reported

26

NAICS Code

333999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5000.00

Payroll Proceed

300000.00

Mortgage Interest Proceed

95000.00

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

119728

Originating Lender

Libertyville Bank & Trust Company, National Association

Originating Lender City

LIBERTYVILLE

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

405166.67

Forgiveness Date

07/27/2021

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