Engineered Abrasives

$505,880 PPP Loan in Alsip, Illinois

Loan Details

Loan Number
1015637101
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$505,880
Current Approval
$505,880
Forgiveness Amount
$511,979
Forgiveness Date
Jun 24, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Engineered Abrasives
Address
11631 S Austin Ave
City
Alsip
ZIP Code
60803-6001
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (333999)
Business Age
Existing or more than 2 years old
Jobs Reported
39
Estimated Revenue
$10.2M
Rural/Urban
Urban
Congressional District
IL-06

Loan Use Breakdown

Payroll
$505,880

Lender Information

Servicing Lender
Old National Bank
Originating Lender
First Midwest Bank, a Division of Old National Bank

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