PPP Loan information for Young mechatronics inc

$101,517

Young mechatronics inc was initially approved for PPP Loan of amount $101,517, the current approved amount is $101,517. The loan was approved on 04/16/2020 by The JPMorgan Chase Bank, National Association reported 4 jobs and $101,517 was used to fund payroll.

Young mechatronics inc is Existing or more than 2 years old

PPP Loan Search / IL / PARK RIDGE / Young mechatronics inc

YOUNG MECHATRONICS INC

Date Approved

04/16/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

YOUNG MECHATRONICS INC

Borrower Address

1520 S Prospect Ave

Borrower City

PARK RIDGE

Borrower State

IL

Borrower Zip

60068

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

101517.00

Current Approval Amount

101517.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PARK RIDGE

Project County Name

COOK

Project State

IL

Project Zip

60068-0001

CD

IL-05

Jobs Reported

4

NAICS Code

333318

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

97042.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

4475.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

102246.57

Forgiveness Date

01/07/2021

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