PPP Loan information for American diesel tube corporation

$223,861

American diesel tube corporation was initially approved for PPP Loan of amount $223,800, the current approved amount is $223,861. The loan was approved on 04/14/2020 by The Schaumburg Bank & Trust Company, National Association reported 20 jobs and $223,861 was used to fund payroll.

American diesel tube corporation is Existing or more than 2 years old

AMERICAN DIESEL TUBE CORPORATION

Date Approved

04/14/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

AMERICAN DIESEL TUBE CORPORATION

Borrower Address

1240 W CAPITOL DR

Borrower City

ADDISON

Borrower State

IL

Borrower Zip

60101-3138

Loan Status Date

06/02/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

223800.00

Current Approval Amount

223861.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

222507

Servicing Lender Name

Schaumburg Bank & Trust Company, National Association

Servicing Lender Address

1180 E Higgins Rd

Servicing Lender City

SCHAUMBURG

Servicing Lender State

IL

Servicing Lender Zip

60173-4709

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

60101-3138

CD

IL-03

Jobs Reported

20

NAICS Code

336390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

167895.75

Mortgage Interest Proceed

0.00

Rent Proceed

55965.25

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

222507

Originating Lender

Schaumburg Bank & Trust Company, National Association

Originating Lender City

SCHAUMBURG

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

225222.82

Forgiveness Date

11/27/2020

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