PPP Loan information for Ultimate machining & engineering inc.

$327,632

Ultimate machining & engineering inc. was initially approved for PPP Loan of amount $327,632, the current approved amount is $327,632. The loan was approved on 04/13/2020 by The Old Second National Bank reported 34 jobs and $327,632 was used to fund payroll.

Ultimate machining & engineering inc. is Existing or more than 2 years old

ULTIMATE MACHINING & ENGINEERING INC.

Date Approved

04/13/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

ULTIMATE MACHINING & ENGINEERING INC.

Borrower Address

14015 S.Van Dyke Road

Borrower City

PLAINFIELD

Borrower State

IL

Borrower Zip

60544-3530

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

327632.00

Current Approval Amount

327632.00

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

PLAINFIELD

Project County Name

KENDALL

Project State

IL

Project Zip

60544-3530

CD

IL-14

Jobs Reported

34

NAICS Code

331210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

327632.00

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

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

330453.28

Forgiveness Date

03/01/2021

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