PPP Loan information for Hommer tool & mfg., inc.

$601,580

Hommer tool & mfg., inc. was initially approved for PPP Loan of amount $507,400, the current approved amount is $601,580. The loan was approved on 04/07/2020 by The Libertyville Bank & Trust Company, National Association reported 34 jobs and $601,580 was used to fund payroll.

Hommer tool & mfg., inc. is Existing or more than 2 years old

HOMMER TOOL & MFG., INC.

Date Approved

04/07/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

HOMMER TOOL & MFG., INC.

Borrower Address

311 West University Drive

Borrower City

ARLINGTON HEIGHTS

Borrower State

IL

Borrower Zip

60004-1811

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

507400.00

Current Approval Amount

601580.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119728

Servicing Lender Name

Libertyville Bank & Trust Company, National Association

Servicing Lender Address

507 N Milwaukee Ave

Servicing Lender City

LIBERTYVILLE

Servicing Lender State

IL

Servicing Lender Zip

60048-2000

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ARLINGTON HEIGHTS

Project County Name

COOK

Project State

IL

Project Zip

60004-1811

CD

IL-05

Jobs Reported

34

NAICS Code

333514

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

7519.75

Payroll Proceed

451185.00

Mortgage Interest Proceed

142875.25

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

119728

Originating Lender

Libertyville Bank & Trust Company, National Association

Originating Lender City

LIBERTYVILLE

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

594882.99

Forgiveness Date

11/05/2020

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