PPP Loan information for I.l. machine company inc

$300,000

I.l. machine company inc was initially approved for PPP Loan of amount $300,000, the current approved amount is $300,000. The loan was approved on 01/20/2021 by The Byline Bank reported 20 jobs and $300,000 was used to fund payroll.

I.l. machine company inc is Existing or more than 2 years old

PPP Loan Search / IL / Wheeling / I.l. machine company inc

I.L. MACHINE COMPANY INC

Date Approved

01/20/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

I.L. MACHINE COMPANY INC

Borrower Address

421 Harvester Ct

Borrower City

Wheeling

Borrower State

IL

Borrower Zip

60090-4734

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

300000.00

Current Approval Amount

300000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21023

Servicing Lender Name

Byline Bank

Servicing Lender Address

180 N LaSalle St, Ste 300

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60601-3110

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wheeling

Project County Name

COOK

Project State

IL

Project Zip

60090-4734

CD

IL-10

Jobs Reported

20

NAICS Code

332322

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

299998.00

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

21023

Originating Lender

Byline Bank

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

302866.67

Forgiveness Date

01/12/2022

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