PPP Loan information for Strong precision technologies inc.

$424,509

Strong precision technologies inc. was initially approved for PPP Loan of amount $424,509, the current approved amount is $424,509. The loan was approved on 03/26/2021 by The Merchants and Manufacturers Bank reported 39 jobs and $424,509 was used to fund payroll.

Strong precision technologies inc. is Existing or more than 2 years old

PPP Loan Search / IL / Elk Grove Village / Strong precision technologies inc.

STRONG PRECISION TECHNOLOGIES INC.

Date Approved

03/26/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

STRONG PRECISION TECHNOLOGIES INC.

Borrower Address

880 Nicholas Blvd

Borrower City

Elk Grove Village

Borrower State

IL

Borrower Zip

60007-2511

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

424509.32

Current Approval Amount

424509.32

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21574

Servicing Lender Name

Merchants and Manufacturers Bank

Servicing Lender Address

801 S Briggs St

Servicing Lender City

JOLIET

Servicing Lender State

IL

Servicing Lender Zip

60433-9522

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Elk Grove Village

Project County Name

COOK

Project State

IL

Project Zip

60007-2511

CD

IL-03

Jobs Reported

39

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

424507.32

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

21574

Originating Lender

Merchants and Manufacturers Bank

Originating Lender City

JOLIET

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

427374.76

Forgiveness Date

12/01/2021

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