PPP Loan information for Ivex specialty paper llc

$567,000

Ivex specialty paper llc was initially approved for PPP Loan of amount $567,000, the current approved amount is $567,000. The loan was approved on 04/14/2020 by The Morton Community Bank reported 45 jobs and $567,000 was used to fund payroll.

Ivex specialty paper llc is New Business or 2 years or less

IVEX SPECIALTY PAPER LLC

Date Approved

04/14/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

IVEX SPECIALTY PAPER LLC

Borrower Address

1 SLOAN ST

Borrower City

PEORIA

Borrower State

IL

Borrower Zip

61603-2363

Loan Status Date

12/04/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

567000.00

Current Approval Amount

567000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22097

Servicing Lender Name

Morton Community Bank

Servicing Lender Address

721 W Jackson St

Servicing Lender City

MORTON

Servicing Lender State

IL

Servicing Lender Zip

61550-1537

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

PEORIA

Project County Name

PEORIA

Project State

IL

Project Zip

61603-2363

CD

IL-17

Jobs Reported

45

NAICS Code

323111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

567000.00

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

22097

Originating Lender

Morton Community Bank

Originating Lender City

MORTON

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

570512.25

Forgiveness Date

11/27/2020

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