PPP Loan information for Standard precision grinding co.

$145,795

Standard precision grinding co. was initially approved for PPP Loan of amount $145,795, the current approved amount is $145,795. The loan was approved on 08/05/2020 by The Old Plank Trail Community Bank, National Association reported 11 jobs and $145,795 was used to fund payroll.

Standard precision grinding co. is Existing or more than 2 years old

PPP Loan Search / IL / LANSING / Standard precision grinding co.

STANDARD PRECISION GRINDING CO.

Date Approved

08/05/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

STANDARD PRECISION GRINDING CO.

Borrower Address

2800 BERNICE RD STE 1

Borrower City

LANSING

Borrower State

IL

Borrower Zip

60438-1271

Loan Status Date

04/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

145795.00

Current Approval Amount

145795.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

438799

Servicing Lender Name

Old Plank Trail Community Bank, National Association

Servicing Lender Address

20012 Wolf Rd

Servicing Lender City

MOKENA

Servicing Lender State

IL

Servicing Lender Zip

60448-9953

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LANSING

Project County Name

COOK

Project State

IL

Project Zip

60438-1271

CD

IL-02

Jobs Reported

11

NAICS Code

333517

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

29159.00

Payroll Proceed

87477.00

Mortgage Interest Proceed

0.00

Rent Proceed

29159.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

438799

Originating Lender

Old Plank Trail Community Bank, National Association

Originating Lender City

MOKENA

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

146706.22

Forgiveness Date

03/22/2021

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