PPP Loan information for Great lakes precision tube, inc.

$708,500

Great lakes precision tube, inc. was initially approved for PPP Loan of amount $708,500, the current approved amount is $708,500. The loan was approved on 04/04/2020 by The Cornerstone National Bank & Trust Company reported 42 jobs and $708,500 was used to fund payroll.

Great lakes precision tube, inc. is Existing or more than 2 years old

PPP Loan Search / IL / AURORA / Great lakes precision tube, inc.

GREAT LAKES PRECISION TUBE, INC.

Date Approved

04/04/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

GREAT LAKES PRECISION TUBE, INC.

Borrower Address

237 South Highland Ave

Borrower City

AURORA

Borrower State

IL

Borrower Zip

60506-5517

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

708500.00

Current Approval Amount

708500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203014

Servicing Lender Name

Cornerstone National Bank & Trust Company

Servicing Lender Address

One W Northwest Hwy

Servicing Lender City

PALATINE

Servicing Lender State

IL

Servicing Lender Zip

60067-3570

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

AURORA

Project County Name

KANE

Project State

IL

Project Zip

60506-5517

CD

IL-11

Jobs Reported

42

NAICS Code

331110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

35425.00

Payroll Proceed

566800.00

Mortgage Interest Proceed

0.00

Rent Proceed

106275.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

203014

Originating Lender

Cornerstone National Bank & Trust Company

Originating Lender City

PALATINE

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

714600.97

Forgiveness Date

02/18/2021

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