PPP Loan information for Milco precision machining inc

$366,600

Milco precision machining inc was initially approved for PPP Loan of amount $366,600, the current approved amount is $366,600. The loan was approved on 04/15/2020 by The Northbrook Bank & Trust Company, National Association reported 26 jobs and $366,600 was used to fund payroll.

Milco precision machining inc is Existing or more than 2 years old

MILCO PRECISION MACHINING INC

Date Approved

04/15/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MILCO PRECISION MACHINING INC

Borrower Address

730 Annoreno Drive

Borrower City

ADDISON

Borrower State

IL

Borrower Zip

60101

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

366600.00

Current Approval Amount

366600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203722

Servicing Lender Name

Northbrook Bank & Trust Company, National Association

Servicing Lender Address

1100 Waukegan Rd

Servicing Lender City

NORTHBROOK

Servicing Lender State

IL

Servicing Lender Zip

60062-4663

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

60101-0001

CD

IL-08

Jobs Reported

26

NAICS Code

332999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

45825.00

Payroll Proceed

274950.00

Mortgage Interest Proceed

0.00

Rent Proceed

45825.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

203722

Originating Lender

Northbrook Bank & Trust Company, National Association

Originating Lender City

NORTHBROOK

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

370877.00

Forgiveness Date

06/17/2021

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