PPP Loan information for Erin rope corporation

$373,553

Erin rope corporation was initially approved for PPP Loan of amount $373,553, the current approved amount is $373,553. The loan was approved on 04/08/2020 by The Old National Bank reported 40 jobs and $373,553 was used to fund payroll.

Erin rope corporation is Existing or more than 2 years old

PPP Loan Search / IL / Blue Island / Erin rope corporation

ERIN ROPE CORPORATION

Date Approved

04/08/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

ERIN ROPE CORPORATION

Borrower Address

2661 139th St

Borrower City

Blue Island

Borrower State

IL

Borrower Zip

60406-2805

Loan Status Date

12/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

373552.50

Current Approval Amount

373552.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Blue Island

Project County Name

COOK

Project State

IL

Project Zip

60406-2805

CD

IL-01

Jobs Reported

40

NAICS Code

424990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

373552.50

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

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Female Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

375544.78

Forgiveness Date

11/03/2020

;