Ada Metal Products, INC

$245,000 PPP Loan in Lincolnwood, Illinois

Loan Details

Loan Number
1236347101
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$245,000
Current Approval
$245,000
Forgiveness Amount
$246,518
Forgiveness Date
Nov 24, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Ada Metal Products, INC
Address
7210 Capitol Dr
ZIP Code
60712-2702
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (336370)
Business Age
Existing or more than 2 years old
Jobs Reported
22
Estimated Revenue
$5.8M
Rural/Urban
Urban
Congressional District
IL-09

Loan Use Breakdown

Payroll
$200,900
Rent
$9,600
Utilities
$12,000
Health Care
$22,500

Lender Information

Servicing Lender
Providence Bank & Trust
Originating Lender
Providence Bank and Trust

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