PPP Loan information for Indak manufacturing corporation

$1,587,020

Indak manufacturing corporation was initially approved for PPP Loan of amount $1,587,020, the current approved amount is $1,587,020. The loan was approved on 02/06/2021 by The First Bank Chicago reported 95 jobs and $1,587,020 was used to fund payroll.

Indak manufacturing corporation is Existing or more than 2 years old

INDAK MANUFACTURING CORPORATION

Date Approved

02/06/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

INDAK MANUFACTURING CORPORATION

Borrower Address

1915 Techny Rd

Borrower City

Northbrook

Borrower State

IL

Borrower Zip

60062-5307

Loan Status Date

01/10/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1587020.00

Current Approval Amount

1587020.00

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

95

NAICS Code

335931

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1587018.00

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

21519

Originating Lender

First Bank Chicago

Originating Lender City

HIGHLAND PARK

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1533914.07

Forgiveness Date

12/07/2021

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