PPP Loan information for Michlin metals inc.

$361,300

Michlin metals inc. was initially approved for PPP Loan of amount $361,300, the current approved amount is $361,300. The loan was approved on 04/09/2020 by The Lake Forest Bank & Trust Company, National Association reported 15 jobs and $361,300 was used to fund payroll.

Michlin metals inc. is Existing or more than 2 years old

PPP Loan Search / IL / NORTHBROOK / Michlin metals inc.

MICHLIN METALS INC.

Date Approved

04/09/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MICHLIN METALS INC.

Borrower Address

3100 DUNDEE RD STE 710

Borrower City

NORTHBROOK

Borrower State

IL

Borrower Zip

60062-2400

Loan Status Date

06/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

361300.00

Current Approval Amount

361300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117732

Servicing Lender Name

Lake Forest Bank & Trust Company, National Association

Servicing Lender Address

727 N Bank Ln

Servicing Lender City

LAKE FOREST

Servicing Lender State

IL

Servicing Lender Zip

60045-1887

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

60062-2400

CD

IL-10

Jobs Reported

15

NAICS Code

423510

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

36130.00

Payroll Proceed

270975.00

Mortgage Interest Proceed

27097.50

Rent Proceed

27097.50

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

117732

Originating Lender

Lake Forest Bank & Trust Company, National Association

Originating Lender City

LAKE FOREST

Originating Lender State

IL

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

365294.37

Forgiveness Date

05/21/2021

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