PPP Loan information for Youngs security systems, inc

$182,000

Youngs security systems, inc was initially approved for PPP Loan of amount $182,000, the current approved amount is $182,000. The loan was approved on 04/05/2020 by The Morton Community Bank reported 20 jobs and $182,000 was used to fund payroll.

Youngs security systems, inc is Existing or more than 2 years old

YOUNGS SECURITY SYSTEMS, INC

Date Approved

04/05/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

YOUNGS SECURITY SYSTEMS, INC

Borrower Address

440 N 1ST ST

Borrower City

SPRINGFIELD

Borrower State

IL

Borrower Zip

62702-5114

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

182000.00

Current Approval Amount

182000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22097

Servicing Lender Name

Morton Community Bank

Servicing Lender Address

721 W Jackson St

Servicing Lender City

MORTON

Servicing Lender State

IL

Servicing Lender Zip

61550-1537

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SPRINGFIELD

Project County Name

SANGAMON

Project State

IL

Project Zip

62702-5114

CD

IL-13

Jobs Reported

20

NAICS Code

561621

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

182000.00

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

22608

Originating Lender

Marine Bank

Originating Lender City

SPRINGFIELD

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

183526.78

Forgiveness Date

02/10/2021

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