PPP Loan information for The shank screw products co.

$545,964

The shank screw products co. was initially approved for PPP Loan of amount $545,964, the current approved amount is $545,964. The loan was approved on 04/15/2020 by The First Secure Community Bank reported 48 jobs and $545,964 was used to fund payroll.

The shank screw products co. is Existing or more than 2 years old

THE SHANK SCREW PRODUCTS CO.

Date Approved

04/15/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

THE SHANK SCREW PRODUCTS CO.

Borrower Address

575 Exchange Court

Borrower City

AURORA

Borrower State

IL

Borrower Zip

60504

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

545963.62

Current Approval Amount

545963.62

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124397

Servicing Lender Name

First Secure Community Bank

Servicing Lender Address

670 N Sugar Grove Pkwy Rte 47

Servicing Lender City

Sugar Grove

Servicing Lender State

IL

Servicing Lender Zip

60554

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

AURORA

Project County Name

DUPAGE

Project State

IL

Project Zip

60504-0003

CD

IL-11

Jobs Reported

48

NAICS Code

332722

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

409472.71

Mortgage Interest Proceed

136490.91

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

124397

Originating Lender

First Secure Community Bank

Originating Lender City

Sugar Grove

Originating Lender State

IL

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

550210.00

Forgiveness Date

01/29/2021

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