PPP Loan information for Swanson tool co inc

$252,070

Swanson tool co inc was initially approved for PPP Loan of amount $252,070, the current approved amount is $252,070. The loan was approved on 04/10/2020 by The Old Second National Bank reported 19 jobs and $252,070 was used to fund payroll.

Swanson tool co inc is Existing or more than 2 years old

PPP Loan Search / IL / FRANKFORT / Swanson tool co inc

SWANSON TOOL CO INC

Date Approved

04/10/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

SWANSON TOOL CO INC

Borrower Address

211 Ontario Street

Borrower City

FRANKFORT

Borrower State

IL

Borrower Zip

60423-1662

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

252070.00

Current Approval Amount

252070.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20282

Servicing Lender Name

Old Second National Bank

Servicing Lender Address

37 S River St

Servicing Lender City

AURORA

Servicing Lender State

IL

Servicing Lender Zip

60506-4173

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FRANKFORT

Project County Name

WILL

Project State

IL

Project Zip

60423-1662

CD

IL-01

Jobs Reported

19

NAICS Code

332216

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

252070.00

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

20282

Originating Lender

Old Second National Bank

Originating Lender City

AURORA

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

255164.86

Forgiveness Date

07/06/2021

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