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
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

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