PPP Loan information for Hi-grade welding and manufacturing llc

$1,418,200

Hi-grade welding and manufacturing llc was initially approved for PPP Loan of amount $1,418,200, the current approved amount is $1,418,200. The loan was approved on 04/06/2020 by The Enterprise Bank & Trust reported 109 jobs and $1,418,200 was used to fund payroll.

Hi-grade welding and manufacturing llc is Existing or more than 2 years old

PPP Loan Search / IL / SCHAUMBURG / Hi-grade welding and manufacturing llc

HI-GRADE WELDING AND MANUFACTURING LLC

Date Approved

04/06/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

HI-GRADE WELDING AND MANUFACTURING LLC

Borrower Address

140 COMMERCE DR

Borrower City

SCHAUMBURG

Borrower State

IL

Borrower Zip

60173-5328

Loan Status Date

12/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1418200.00

Current Approval Amount

1418200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112407

Servicing Lender Name

Enterprise Bank & Trust

Servicing Lender Address

150 N Meramec Ave

Servicing Lender City

CLAYTON

Servicing Lender State

MO

Servicing Lender Zip

63105-3779

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SCHAUMBURG

Project County Name

COOK

Project State

IL

Project Zip

60173-5328

CD

IL-08

Jobs Reported

109

NAICS Code

332313

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1418200.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

112407

Originating Lender

Enterprise Bank & Trust

Originating Lender City

CLAYTON

Originating Lender State

MO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1426078.89

Forgiveness Date

11/05/2020

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