Cincinnati Tool Steel Co.
$1,554,769 PPP Loan in Rockford, Illinois
Loan Details
- Loan Number
- 1084228510
- Date Approved
- Feb 18, 2021
- Loan Status
- Paid in Full
- Initial Approval
- $1,554,769
- Current Approval
- $1,554,769
- Forgiveness Amount
- $1,564,566
- Forgiveness Date
- Oct 8, 2021
- Term
- 60 months
- Draw
- Second Draw
Business Information
- Business Name
- Cincinnati Tool Steel Co.
- Address
- 5190 28th Ave
- City
- Rockford
- State
- Illinois
- ZIP Code
- 61109-1721
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Wholesale Trade (423510)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 155
- Estimated Revenue
- $47.5M
- Rural/Urban
- Urban
- Congressional District
- IL-17
Loan Use Breakdown
- Payroll
- $1,554,769
Lender Information
- Servicing Lender
- Htlf Bank
- Originating Lender
- Illinois Bank and Trust, a Division of Htlf Bank
Other PPP Loans in Rockford, IL
| Business | Approved | |
|---|---|---|
| Bergstrom INC | $8,100,000 | |
| Rockford Orthopedic Associates Ltd | $7,217,200 | |
| Crusaders Central Clinic Association | $4,593,300 | |
| Rockford Toolcraft, Inc. | $4,445,000 | |
| Area Erectors, Inc. | $3,948,800 |
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