PPP Loan information for Versatility tool works & manufacturing company, inc.

$138,500

Versatility tool works & manufacturing company, inc. was initially approved for PPP Loan of amount $138,500, the current approved amount is $138,500. The loan was approved on 06/30/2020 by The Union National Bank reported 13 jobs and $138,500 was used to fund payroll.

Versatility tool works & manufacturing company, inc. is Unanswered

PPP Loan Search / IL / ALSIP / Versatility tool works & manufacturing company, inc.

VERSATILITY TOOL WORKS & MANUFACTURING COMPANY, INC.

Date Approved

06/30/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

VERSATILITY TOOL WORKS & MANUFACTURING COMPANY, INC.

Borrower Address

11532 South Mayfield Avenue

Borrower City

ALSIP

Borrower State

IL

Borrower Zip

60803-6009

Loan Status Date

05/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

138500.00

Current Approval Amount

138500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21320

Servicing Lender Name

Union National Bank

Servicing Lender Address

101 E Chicago St

Servicing Lender City

ELGIN

Servicing Lender State

IL

Servicing Lender Zip

60120-5583

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

ALSIP

Project County Name

COOK

Project State

IL

Project Zip

60803-6009

CD

IL-06

Jobs Reported

13

NAICS Code

332322

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

138500.00

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

21320

Originating Lender

Union National Bank

Originating Lender City

ELGIN

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

141031.47

Forgiveness Date

05/03/2022

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