PPP Loan information for Global material technologies, inc.

$2,230,000

Global material technologies, inc. was initially approved for PPP Loan of amount $2,230,000, the current approved amount is $2,230,000. The loan was approved on 04/07/2020 by The CIBC Bank USA reported 185 jobs and $2,230,000 was used to fund payroll.

Global material technologies, inc. is Existing or more than 2 years old

PPP Loan Search / IL / BUFFALO GROVE / Global material technologies, inc.

GLOBAL MATERIAL TECHNOLOGIES, INC.

Date Approved

04/07/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

GLOBAL MATERIAL TECHNOLOGIES, INC.

Borrower Address

750 W. LAKE COOK RD Suite 480

Borrower City

BUFFALO GROVE

Borrower State

IL

Borrower Zip

60089-1904

Loan Status Date

06/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2230000.00

Current Approval Amount

2230000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

116998

Servicing Lender Name

CIBC Bank USA

Servicing Lender Address

120 S LaSalle St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-3403

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BUFFALO GROVE

Project County Name

LAKE

Project State

IL

Project Zip

60089-1904

CD

IL-09

Jobs Reported

185

NAICS Code

332999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2230000.00

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

116998

Originating Lender

CIBC Bank USA

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2255110.41

Forgiveness Date

05/27/2021

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