PPP Loan information for Radicon drive systems inc.

$148,555

Radicon drive systems inc. was initially approved for PPP Loan of amount $148,555, the current approved amount is $148,555. The loan was approved on 01/20/2021 by The Byline Bank reported 10 jobs and $148,555 was used to fund payroll.

Radicon drive systems inc. is Existing or more than 2 years old

RADICON DRIVE SYSTEMS INC.

Date Approved

01/20/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

RADICON DRIVE SYSTEMS INC.

Borrower Address

2475 Alft Ln

Borrower City

Elgin

Borrower State

IL

Borrower Zip

60124-7864

Loan Status Date

09/22/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

148554.59

Current Approval Amount

148554.59

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Elgin

Project County Name

KANE

Project State

IL

Project Zip

60124-7864

CD

IL-08

Jobs Reported

10

NAICS Code

335312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

148551.59

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

149305.62

Forgiveness Date

07/30/2021

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