PPP Loan information for Jakes machining & rebuilding service, inc.

$619,400

Jakes machining & rebuilding service, inc. was initially approved for PPP Loan of amount $619,400, the current approved amount is $619,400. The loan was approved on 04/15/2020 by The Byline Bank reported 85 jobs and $619,400 was used to fund payroll.

Jakes machining & rebuilding service, inc. is Existing or more than 2 years old

PPP Loan Search / IL / AURORA / Jakes machining & rebuilding service, inc.

JAKES MACHINING & REBUILDING SERVICE, INC.

Date Approved

04/15/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

JAKES MACHINING & REBUILDING SERVICE, INC.

Borrower Address

580 S. Lake St

Borrower City

AURORA

Borrower State

IL

Borrower Zip

60506

Loan Status Date

04/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

619400.00

Current Approval Amount

619400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21023

Servicing Lender Name

Byline Bank

Servicing Lender Address

180 N LaSalle St, Ste 300

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60601-3110

Rural Urban Indicator

U

Hubzone Indicator

Y

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

60506-1000

CD

IL-11

Jobs Reported

85

NAICS Code

332312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

619400.00

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

Corporation

Originating Lender Location Id

21023

Originating Lender

Byline Bank

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

624647.69

Forgiveness Date

03/01/2021

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