PPP Loan information for Black industrial & safety supply, inc.

$275,000

Black industrial & safety supply, inc. was initially approved for PPP Loan of amount $275,000, the current approved amount is $275,000. The loan was approved on 04/07/2020 by The Signature Bank reported 15 jobs and $275,000 was used to fund payroll.

Black industrial & safety supply, inc. is Existing or more than 2 years old

BLACK INDUSTRIAL & SAFETY SUPPLY, INC.

Date Approved

04/07/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

BLACK INDUSTRIAL & SAFETY SUPPLY, INC.

Borrower Address

3600 Calumet Ave

Borrower City

HAMMOND

Borrower State

IN

Borrower Zip

46320-1125

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

275000.00

Current Approval Amount

275000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

442348

Servicing Lender Name

Signature Bank

Servicing Lender Address

9450 W Bryn Mawr Ave, Ste 300

Servicing Lender City

ROSEMONT

Servicing Lender State

IL

Servicing Lender Zip

60018-5248

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HAMMOND

Project County Name

LAKE

Project State

IN

Project Zip

46320-1125

CD

IN-01

Jobs Reported

15

NAICS Code

423840

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

275000.00

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

442348

Originating Lender

Signature Bank

Originating Lender City

ROSEMONT

Originating Lender State

IL

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

278330.56

Forgiveness Date

06/28/2021

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