PPP Loan information for Automatic swiss corporation

$389,500

Automatic swiss corporation was initially approved for PPP Loan of amount $389,500, the current approved amount is $389,500. The loan was approved on 01/20/2021 by The Old Second National Bank reported 38 jobs and $389,500 was used to fund payroll.

Automatic swiss corporation is Existing or more than 2 years old

PPP Loan Search / IL / Addison / Automatic swiss corporation

AUTOMATIC SWISS CORPORATION

Date Approved

01/20/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

AUTOMATIC SWISS CORPORATION

Borrower Address

1130 W National Ave

Borrower City

Addison

Borrower State

IL

Borrower Zip

60101-3156

Loan Status Date

01/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

389500.00

Current Approval Amount

389500.00

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

60101-3156

CD

IL-03

Jobs Reported

38

NAICS Code

333517

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

389497.00

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

Sole Proprietorship

Originating Lender Location Id

20282

Originating Lender

Old Second National Bank

Originating Lender City

AURORA

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

393156.97

Forgiveness Date

01/03/2022

;