PPP Loan information for Indak manufacturing corp

$1,264,197

Indak manufacturing corp was initially approved for PPP Loan of amount $1,264,197, the current approved amount is $1,264,197. The loan was approved on 04/07/2020 by The First Bank Chicago reported 117 jobs and $1,264,197 was used to fund payroll.

Indak manufacturing corp is Existing or more than 2 years old

INDAK MANUFACTURING CORP

Date Approved

04/07/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

INDAK MANUFACTURING CORP

Borrower Address

1915 Techny Rd

Borrower City

NORTHBROOK

Borrower State

IL

Borrower Zip

60062-5307

Loan Status Date

01/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1264197.00

Current Approval Amount

1264197.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21519

Servicing Lender Name

First Bank Chicago

Servicing Lender Address

1835 First St

Servicing Lender City

HIGHLAND PARK

Servicing Lender State

IL

Servicing Lender Zip

60035-3101

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORTHBROOK

Project County Name

COOK

Project State

IL

Project Zip

60062-5307

CD

IL-09

Jobs Reported

117

NAICS Code

335931

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

64197.00

Payroll Proceed

1000000.00

Mortgage Interest Proceed

200000.00

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

21519

Originating Lender

First Bank Chicago

Originating Lender City

HIGHLAND PARK

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1272800.56

Forgiveness Date

12/17/2020

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