PPP Loan information for V. and f. transformer corporation

$1,128,300

V. and f. transformer corporation was initially approved for PPP Loan of amount $1,128,300, the current approved amount is $1,128,300. The loan was approved on 04/08/2020 by The CIBC Bank USA reported 122 jobs and $1,128,300 was used to fund payroll.

V. and f. transformer corporation is Existing or more than 2 years old

PPP Loan Search / IL / ELGIN / V. and f. transformer corporation

V. AND F. TRANSFORMER CORPORATION

Date Approved

04/08/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

V. AND F. TRANSFORMER CORPORATION

Borrower Address

2475 MILLENNIUM DR

Borrower City

ELGIN

Borrower State

IL

Borrower Zip

60124-7827

Loan Status Date

04/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1128300.00

Current Approval Amount

1128300.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

ELGIN

Project County Name

KANE

Project State

IL

Project Zip

60124-7827

CD

IL-08

Jobs Reported

122

NAICS Code

335311

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1128300.00

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

116998

Originating Lender

CIBC Bank USA

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1139150.23

Forgiveness Date

03/31/2021

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