PPP Loan information for Illini precision machining inc.

$54,800

Illini precision machining inc. was initially approved for PPP Loan of amount $54,800, the current approved amount is $54,800. The loan was approved on 04/10/2020 by The First National Bank of Pana reported 5 jobs and $54,800 was used to fund payroll.

Illini precision machining inc. is Existing or more than 2 years old

PPP Loan Search / IL / DECATUR / Illini precision machining inc.

ILLINI PRECISION MACHINING INC.

Date Approved

04/10/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

ILLINI PRECISION MACHINING INC.

Borrower Address

750 E PRAIRIE AVE

Borrower City

DECATUR

Borrower State

IL

Borrower Zip

62523-1149

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

54800.00

Current Approval Amount

54800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22270

Servicing Lender Name

First National Bank of Pana

Servicing Lender Address

306 S Locust

Servicing Lender City

PANA

Servicing Lender State

IL

Servicing Lender Zip

62557-1608

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DECATUR

Project County Name

MACON

Project State

IL

Project Zip

62523-1149

CD

IL-13

Jobs Reported

5

NAICS Code

332710

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

54800.00

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

22270

Originating Lender

First National Bank of Pana

Originating Lender City

PANA

Originating Lender State

IL

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

55113.79

Forgiveness Date

11/12/2020

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