Chicago Grinding & Machine Company, Inc.

$275,496 PPP Loan in Melrose Park, Illinois

Loan Details

Loan Number
1259448302
Date Approved
Jan 16, 2021
Loan Status
Paid in Full
Initial Approval
$275,496
Current Approval
$275,496
Forgiveness Amount
$277,157
Forgiveness Date
Aug 31, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Chicago Grinding & Machine Company, Inc.
Address
1950 N 15th Ave
ZIP Code
60160-1403
Business Type
Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
24
Estimated Revenue
$5.9M
Rural/Urban
Urban
Congressional District
IL-04

Loan Use Breakdown

Payroll
$275,491
Utilities
$1

Lender Information

Servicing Lender
Busey Bank
Originating Lender
Busey Bank

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