PPP Loan information for Target laser & machining inc

$316,182

Target laser & machining inc was initially approved for PPP Loan of amount $316,182, the current approved amount is $316,182. The loan was approved on 04/07/2020 by The The First National Bank and Trust Company reported 23 jobs and $316,182 was used to fund payroll.

Target laser & machining inc is Existing or more than 2 years old

PPP Loan Search / IL / ROCKFORD / Target laser & machining inc

TARGET LASER & MACHINING INC

Date Approved

04/07/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

TARGET LASER & MACHINING INC

Borrower Address

2433 FREMONT ST

Borrower City

ROCKFORD

Borrower State

IL

Borrower Zip

61103-4071

Loan Status Date

12/15/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

316182.05

Current Approval Amount

316182.05

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75631

Servicing Lender Name

The First National Bank and Trust Company

Servicing Lender Address

345 E Grand Ave

Servicing Lender City

BELOIT

Servicing Lender State

WI

Servicing Lender Zip

53511-6226

Rural Urban Indicator

U

Hubzone Indicator

N

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

61103-4071

CD

IL-17

Jobs Reported

23

NAICS Code

333517

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

316182.05

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

75631

Originating Lender

The First National Bank and Trust Company

Originating Lender City

BELOIT

Originating Lender State

WI

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

317982.53

Forgiveness Date

11/13/2020

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