PPP Loan information for Jakes machining & rebuilding service inc.

$619,458

Jakes machining & rebuilding service inc. was initially approved for PPP Loan of amount $619,458, the current approved amount is $619,458. The loan was approved on 01/20/2021 by The Byline Bank reported 55 jobs and $619,458 was used to fund payroll.

Jakes machining & rebuilding service inc. is Existing or more than 2 years old

PPP Loan Search / IL / Aurora / Jakes machining & rebuilding service inc.

JAKES MACHINING & REBUILDING SERVICE INC.

Date Approved

01/20/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

JAKES MACHINING & REBUILDING SERVICE INC.

Borrower Address

580 S Lake St

Borrower City

Aurora

Borrower State

IL

Borrower Zip

60506-5561

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

619457.50

Current Approval Amount

619457.50

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Aurora

Project County Name

KANE

Project State

IL

Project Zip

60506-5561

CD

IL-11

Jobs Reported

55

NAICS Code

332312

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

619452.50

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

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

625634.87

Forgiveness Date

01/28/2022

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