Illinois Lift Equipment Inc.
$498,250 PPP Loan in Cary, Illinois
Loan Details
- Loan Number
- 1014797101
- Date Approved
- Apr 9, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $498,250
- Current Approval
- $498,250
- Forgiveness Amount
- $504,188
- Forgiveness Date
- Jun 28, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Illinois Lift Equipment Inc.
- Address
- 640 Industrial Dr
- City
- Cary
- State
- Illinois
- ZIP Code
- 60013-1944
- Business Type
- Corporation
- Industry (NAICS)
- Other Services (except Public Administration) (811310)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 34
- Estimated Revenue
- $7.3M
- Rural/Urban
- Urban
- Congressional District
- IL-09
Loan Use Breakdown
- Payroll
- $398,600
- Mortgage Interest
- $99,650
Lender Information
- Servicing Lender
- First State Bank
- Originating Lender
- First State Bank
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| Sherman Mechanical Inc. | $3,452,600 |  Research |
| Sherman Mechanical Inc. | $2,000,000 | Research |
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