PPP Loan information for Flexible steel lacing company

$9,999,300

Flexible steel lacing company was initially approved for PPP Loan of amount $9,999,300, the current approved amount is $9,999,300. The loan was approved on 04/27/2020 by The American Community Bank & Trust reported 458 jobs and $9,999,300 was used to fund payroll.

Flexible steel lacing company is Existing or more than 2 years old

FLEXIBLE STEEL LACING COMPANY

Date Approved

04/27/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

FLEXIBLE STEEL LACING COMPANY

Borrower Address

2525 Wisconsin Ave.

Borrower City

DOWNERS GROVE

Borrower State

IL

Borrower Zip

60515-4241

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

9999300.00

Current Approval Amount

9999300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124396

Servicing Lender Name

American Community Bank & Trust

Servicing Lender Address

1290 Lake Ave

Servicing Lender City

WOODSTOCK

Servicing Lender State

IL

Servicing Lender Zip

60098-7415

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DOWNERS GROVE

Project County Name

DUPAGE

Project State

IL

Project Zip

60515-4241

CD

IL-06

Jobs Reported

458

NAICS Code

331210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

9999300.00

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

124396

Originating Lender

American Community Bank & Trust

Originating Lender City

WOODSTOCK

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

10112069.88

Forgiveness Date

06/14/2021

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