PPP Loan information for Beloit special machining co., inc.

$470,000

Beloit special machining co., inc. was initially approved for PPP Loan of amount $470,000, the current approved amount is $470,000. The loan was approved on 04/15/2020 by The Blackhawk Bank reported 29 jobs and $470,000 was used to fund payroll.

Beloit special machining co., inc. is Existing or more than 2 years old

BELOIT SPECIAL MACHINING CO., INC.

Date Approved

04/15/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

BELOIT SPECIAL MACHINING CO., INC.

Borrower Address

1504 SIXTH STREET

Borrower City

BELOIT

Borrower State

WI

Borrower Zip

53511-4259

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

470000.00

Current Approval Amount

470000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117081

Servicing Lender Name

Blackhawk Bank

Servicing Lender Address

400 Broad St

Servicing Lender City

BELOIT

Servicing Lender State

WI

Servicing Lender Zip

53511-6223

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BELOIT

Project County Name

ROCK

Project State

WI

Project Zip

53511-4259

CD

WI-01

Jobs Reported

29

NAICS Code

332710

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

447000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

23000

Business Type

Subchapter S Corporation

Originating Lender Location Id

117081

Originating Lender

Blackhawk Bank

Originating Lender City

BELOIT

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

472741.67

Forgiveness Date

11/19/2020

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