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 04/14/2020 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

04/14/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

WASHBURN MACHINERY, INC.

Borrower Address

175 GAYLORD STREET

Borrower City

ELK GROVE VILLAGE

Borrower State

IL

Borrower Zip

60007

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

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

60007-1000

CD

IL-08

Jobs Reported

17

NAICS Code

423850

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

288482.50

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

290638.11

Forgiveness Date

01/20/2021

;