Date Approved
04/11/2020
SBA Office Code
0507
Processing Method
PPP
Borrower Name
J.M.K. NIPPON CORPORATION
Borrower Address
2551 N Perryville Rd
Borrower City
ROCKFORD
Borrower State
IL
Borrower Zip
61107-6800
Loan Status Date
12/18/2020
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
374555.00
Current Approval Amount
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
Servicing Lender Zip
62401-2453
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
WINNEBAGO
Project State
Project Zip
CD
IL-16
Jobs Reported
87
NAICS Code
722511
Race
Asian
Ethnicity
Not Hispanic or Latino
Utilities Proceed
4555.00
Payroll Proceed
370000.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
376597.09
Forgiveness Date
11/03/2020