PPP Loan information for Hi-grade welding and manufacturing llc

$1,418,272

Hi-grade welding and manufacturing llc was initially approved for PPP Loan of amount $1,418,272, the current approved amount is $1,418,272. The loan was approved on 02/11/2021 by The Enterprise Bank & Trust reported 90 jobs and $1,418,272 was used to fund payroll.

Hi-grade welding and manufacturing llc is Existing or more than 2 years old

PPP Loan Search / IL / Schaumburg / Hi-grade welding and manufacturing llc

HI-GRADE WELDING AND MANUFACTURING LLC

Date Approved

02/11/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

HI-GRADE WELDING AND MANUFACTURING LLC

Borrower Address

140 Commerce Dr

Borrower City

Schaumburg

Borrower State

IL

Borrower Zip

60173-5328

Loan Status Date

12/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1418272.27

Current Approval Amount

1418272.27

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112407

Servicing Lender Name

Enterprise Bank & Trust

Servicing Lender Address

150 N Meramec Ave

Servicing Lender City

CLAYTON

Servicing Lender State

MO

Servicing Lender Zip

63105-3779

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Schaumburg

Project County Name

COOK

Project State

IL

Project Zip

60173-5328

CD

IL-08

Jobs Reported

90

NAICS Code

333511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1418268.27

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

Limited Liability Company(LLC)

Originating Lender Location Id

112407

Originating Lender

Enterprise Bank & Trust

Originating Lender City

CLAYTON

Originating Lender State

MO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1427963.80

Forgiveness Date

11/10/2021

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