PPP Loan information for Washburn machinery inc.

$288,483

Washburn machinery inc. was initially approved for PPP Loan of amount $288,483, the current approved amount is $288,483. The loan was approved on 01/23/2021 by The Fifth Third Bank reported 17 jobs and $288,483 was used to fund payroll.

Washburn machinery inc. is Existing or more than 2 years old

WASHBURN MACHINERY INC.

Date Approved

01/23/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

WASHBURN MACHINERY INC.

Borrower Address

175 Gaylord St

Borrower City

Elk Grove Village

Borrower State

IL

Borrower Zip

60007-1106

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

288482.50

Current Approval Amount

288482.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Elk Grove Village

Project County Name

COOK

Project State

IL

Project Zip

60007-1106

CD

IL-08

Jobs Reported

17

NAICS Code

423850

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

288476.50

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

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

289572.32

Forgiveness Date

06/15/2021

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