PPP Loan information for United scrap metal holdings, inc.

$5,422,900

United scrap metal holdings, inc. was initially approved for PPP Loan of amount $5,422,900, the current approved amount is $5,422,900. The loan was approved on 04/10/2020 by The CIBC Bank USA reported 478 jobs and $5,422,900 was used to fund payroll.

United scrap metal holdings, inc. is Existing or more than 2 years old

PPP Loan Search / IL / CHICAGO / United scrap metal holdings, inc.

UNITED SCRAP METAL HOLDINGS, INC.

Date Approved

04/10/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

UNITED SCRAP METAL HOLDINGS, INC.

Borrower Address

1545 South Cicero Ave

Borrower City

CHICAGO

Borrower State

IL

Borrower Zip

60608

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5422900.00

Current Approval Amount

5422900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

116998

Servicing Lender Name

CIBC Bank USA

Servicing Lender Address

120 S LaSalle St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-3403

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CHICAGO

Project County Name

COOK

Project State

IL

Project Zip

60608-0001

CD

IL-05

Jobs Reported

478

NAICS Code

423930

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

5422900.00

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

Subchapter S Corporation

Originating Lender Location Id

116998

Originating Lender

CIBC Bank USA

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

5485449.07

Forgiveness Date

06/11/2021

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