PPP Loan information for Classic sheet metal inc.

$427,240

Classic sheet metal inc. was initially approved for PPP Loan of amount $427,240, the current approved amount is $427,240. The loan was approved on 04/29/2020 by The Midland States Bank reported 38 jobs and $427,240 was used to fund payroll.

Classic sheet metal inc. is Existing or more than 2 years old

PPP Loan Search / IL / ADDISON / Classic sheet metal inc.

CLASSIC SHEET METAL INC.

Date Approved

04/29/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

CLASSIC SHEET METAL INC.

Borrower Address

1515 West Wrightwood

Borrower City

ADDISON

Borrower State

IL

Borrower Zip

60101

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

427240.00

Current Approval Amount

427240.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21299

Servicing Lender Name

Midland States Bank

Servicing Lender Address

110 S. 5th St

Servicing Lender City

EFFINGHAM

Servicing Lender State

IL

Servicing Lender Zip

62401-2453

Rural Urban Indicator

U

Hubzone Indicator

Y

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

60101-0001

CD

IL-08

Jobs Reported

38

NAICS Code

332999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

240.00

Payroll Proceed

427000.00

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

Subchapter S Corporation

Originating Lender Location Id

21299

Originating Lender

Midland States Bank

Originating Lender City

EFFINGHAM

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

430493.09

Forgiveness Date

02/10/2021

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