PPP Loan information for Ramcel precision stamping and manufacturing

$1,167,245

Ramcel precision stamping and manufacturing was initially approved for PPP Loan of amount $1,167,245, the current approved amount is $1,167,245. The loan was approved on 04/09/2020 by The Old National Bank reported 90 jobs and $1,167,245 was used to fund payroll.

Ramcel precision stamping and manufacturing is Existing or more than 2 years old

RAMCEL PRECISION STAMPING AND MANUFACTURING

Date Approved

04/09/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

RAMCEL PRECISION STAMPING AND MANUFACTURING

Borrower Address

2926 MacArthur Blvd

Borrower City

Northbrook

Borrower State

IL

Borrower Zip

60062-2005

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1167245.00

Current Approval Amount

1167245.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

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

60062-2005

CD

IL-10

Jobs Reported

90

NAICS Code

332119

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1167245.00

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

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1173697.27

Forgiveness Date

11/03/2020

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