PPP Loan information for Tolerance manufacturing inc.

$48,735

Tolerance manufacturing inc. was initially approved for PPP Loan of amount $48,735, the current approved amount is $48,735. The loan was approved on 01/21/2021 by The Old National Bank reported 4 jobs and $48,735 was used to fund payroll.

Tolerance manufacturing inc. is Existing or more than 2 years old

TOLERANCE MANUFACTURING INC.

Date Approved

01/21/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

TOLERANCE MANUFACTURING INC.

Borrower Address

1435 10th St

Borrower City

Waukegan

Borrower State

IL

Borrower Zip

60085-7605

Loan Status Date

06/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

48735.00

Current Approval Amount

48735.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Waukegan

Project County Name

LAKE

Project State

IL

Project Zip

60085-7605

CD

IL-10

Jobs Reported

4

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

48734.00

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

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

48921.82

Forgiveness Date

06/15/2021

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