PPP Loan information for Panek precision products co.

$2,000,000

Panek precision products co. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/12/2021 by The Northbrook Bank & Trust Company, National Association reported 203 jobs and $2,000,000 was used to fund payroll.

Panek precision products co. is Existing or more than 2 years old

PPP Loan Search / IL / Northbrook / Panek precision products co.

PANEK PRECISION PRODUCTS CO.

Date Approved

02/12/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

PANEK PRECISION PRODUCTS CO.

Borrower Address

455 Academy Dr

Borrower City

Northbrook

Borrower State

IL

Borrower Zip

60062-2416

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203722

Servicing Lender Name

Northbrook Bank & Trust Company, National Association

Servicing Lender Address

1100 Waukegan Rd

Servicing Lender City

NORTHBROOK

Servicing Lender State

IL

Servicing Lender Zip

60062-4663

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Northbrook

Project County Name

COOK

Project State

IL

Project Zip

60062-2416

CD

IL-10

Jobs Reported

203

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999995.00

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

203722

Originating Lender

Northbrook Bank & Trust Company, National Association

Originating Lender City

NORTHBROOK

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2009500.00

Forgiveness Date

08/09/2021

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