PPP Loan information for Roland machinery company

$5,959,700

Roland machinery company was initially approved for PPP Loan of amount $5,959,700, the current approved amount is $5,959,700. The loan was approved on 04/06/2020 by The Bank of Springfield reported 356 jobs and $5,959,700 was used to fund payroll.

Roland machinery company is Existing or more than 2 years old

PPP Loan Search / IL / SPRINGFIELD / Roland machinery company

ROLAND MACHINERY COMPANY

Date Approved

04/06/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

ROLAND MACHINERY COMPANY

Borrower Address

816 N. DIRKSEN PKWY

Borrower City

SPRINGFIELD

Borrower State

IL

Borrower Zip

62702-6115

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5959700.00

Current Approval Amount

5959700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22586

Servicing Lender Name

Bank of Springfield

Servicing Lender Address

2600 Stevenson Dr

Servicing Lender City

SPRINGFIELD

Servicing Lender State

IL

Servicing Lender Zip

62703-4328

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SPRINGFIELD

Project County Name

SANGAMON

Project State

IL

Project Zip

62702-6115

CD

IL-13

Jobs Reported

356

NAICS Code

423830

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

5959700.00

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

22586

Originating Lender

Bank of Springfield

Originating Lender City

SPRINGFIELD

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

6038237.42

Forgiveness Date

08/10/2021

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