PPP Loan information for Advantage machining, inc.

$531,210

Advantage machining, inc. was initially approved for PPP Loan of amount $531,210, the current approved amount is $531,210. The loan was approved on 04/15/2020 by The Illini State Bank reported 31 jobs and $531,210 was used to fund payroll.

Advantage machining, inc. is Existing or more than 2 years old

ADVANTAGE MACHINING, INC.

Date Approved

04/15/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

ADVANTAGE MACHINING, INC.

Borrower Address

601 W. NEW YORK STREET

Borrower City

AURORA

Borrower State

IL

Borrower Zip

60506-3859

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

531210.00

Current Approval Amount

531210.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22714

Servicing Lender Name

Illini State Bank

Servicing Lender Address

230 LaSalle St

Servicing Lender City

TONICA

Servicing Lender State

IL

Servicing Lender Zip

61370

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

AURORA

Project County Name

KANE

Project State

IL

Project Zip

60506-3859

CD

IL-11

Jobs Reported

31

NAICS Code

333132

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

531210.00

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

22714

Originating Lender

Illini State Bank

Originating Lender City

TONICA

Originating Lender State

IL

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

538204.27

Forgiveness Date

08/05/2021

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