PPP Loan information for Pro fastening systems inc

$601,200

Pro fastening systems inc was initially approved for PPP Loan of amount $601,200, the current approved amount is $601,200. The loan was approved on 04/05/2020 by The Union National Bank reported 41 jobs and $601,200 was used to fund payroll.

Pro fastening systems inc is Existing or more than 2 years old

PRO FASTENING SYSTEMS INC

Date Approved

04/05/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

PRO FASTENING SYSTEMS INC

Borrower Address

44 E University

Borrower City

ARLINGTON HEIGHTS

Borrower State

IL

Borrower Zip

60004

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

601200.00

Current Approval Amount

601200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21320

Servicing Lender Name

Union National Bank

Servicing Lender Address

101 E Chicago St

Servicing Lender City

ELGIN

Servicing Lender State

IL

Servicing Lender Zip

60120-5583

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

60004-0001

CD

IL-05

Jobs Reported

41

NAICS Code

423840

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

601200.00

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

21320

Originating Lender

Union National Bank

Originating Lender City

ELGIN

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

605057.70

Forgiveness Date

12/03/2020

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