PPP Loan information for Engineered components company

$595,000

Engineered components company was initially approved for PPP Loan of amount $595,000, the current approved amount is $595,000. The loan was approved on 05/14/2020 by The Merchants and Manufacturers Bank reported 36 jobs and $595,000 was used to fund payroll.

Engineered components company is Existing or more than 2 years old

PPP Loan Search / IL / ELGIN / Engineered components company

ENGINEERED COMPONENTS COMPANY

Date Approved

05/14/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

ENGINEERED COMPONENTS COMPANY

Borrower Address

1100 DAVIS RD

Borrower City

ELGIN

Borrower State

IL

Borrower Zip

60123-1316

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

595000.00

Current Approval Amount

595000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21574

Servicing Lender Name

Merchants and Manufacturers Bank

Servicing Lender Address

801 S Briggs St

Servicing Lender City

JOLIET

Servicing Lender State

IL

Servicing Lender Zip

60433-9522

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

60123-1316

CD

IL-08

Jobs Reported

36

NAICS Code

332722

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

17700.00

Payroll Proceed

409000.00

Mortgage Interest Proceed

0.00

Rent Proceed

138600.00

Refinance EIDL Proceed

0.00

Health Care Proceed

29700.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

21574

Originating Lender

Merchants and Manufacturers Bank

Originating Lender City

JOLIET

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

601941.67

Forgiveness Date

07/09/2021

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