PPP Loan information for Accurate bearing inc

$154,556

Accurate bearing inc was initially approved for PPP Loan of amount $154,556, the current approved amount is $154,556. The loan was approved on 04/28/2020 by The Old Second National Bank reported 11 jobs and $154,556 was used to fund payroll.

Accurate bearing inc is Existing or more than 2 years old

ACCURATE BEARING INC

Date Approved

04/28/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

ACCURATE BEARING INC

Borrower Address

432 S IRMEN DR

Borrower City

ADDISON

Borrower State

IL

Borrower Zip

60101-4325

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

154556.00

Current Approval Amount

154556.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20282

Servicing Lender Name

Old Second National Bank

Servicing Lender Address

37 S River St

Servicing Lender City

AURORA

Servicing Lender State

IL

Servicing Lender Zip

60506-4173

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ADDISON

Project County Name

DUPAGE

Project State

IL

Project Zip

60101-4325

CD

IL-03

Jobs Reported

11

NAICS Code

423840

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

154556.00

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

20282

Originating Lender

Old Second National Bank

Originating Lender City

AURORA

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

155899.78

Forgiveness Date

03/11/2021

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