General Servo & Spindle Motors Inc.
$122,800 PPP Loan in South Elgin, Illinois
Loan Details
- Loan Number
- 1274118306
- Date Approved
- Jan 16, 2021
- Loan Status
- Paid in Full
- Initial Approval
- $122,800
- Current Approval
- $122,800
- Forgiveness Amount
- $124,106
- Forgiveness Date
- Feb 15, 2022
- Term
- 60 months
- Draw
- Second Draw
Business Information
- Business Name
- General Servo & Spindle Motors Inc.
- Address
- 360 Industrial Dr
- City
- South Elgin
- State
- Illinois
- ZIP Code
- 60177-1199
- Business Type
- Corporation
- Industry (NAICS)
- Other Services (except Public Administration) (811310)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 8
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- IL-08
Loan Use Breakdown
- Payroll
- $122,797
- Utilities
- $1
Lender Information
- Servicing Lender
- American Community Bank & Trust
- Originating Lender
- American Community Bank & Trust
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