Promac, Inc. DBA Mumm Products

$382,385 PPP Loan in Elgin, Illinois

Loan Details

Loan Number
1073527700
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$382,385
Current Approval
$382,385
Forgiveness Amount
$387,298
Forgiveness Date
Aug 17, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Promac, Inc. DBA Mumm Products
Address
1155 Timber Dr
City
Elgin
ZIP Code
60123
Business Type
Corporation
Business Age
Existing or more than 2 years old
Jobs Reported
27
Estimated Revenue
N/A
Rural/Urban
Urban
Congressional District
IL-08

Loan Use Breakdown

Payroll
$284,529
Rent
$65,000
Utilities
$8,000
Health Care
$24,856

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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