Beloit Special Machining Co., Inc.
$470,000 PPP Loan in Beloit, Wisconsin
Loan Details
- Loan Number
- 1357147205
- Date Approved
- Apr 15, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $470,000
- Current Approval
- $470,000
- Forgiveness Amount
- $472,742
- Forgiveness Date
- Nov 19, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Beloit Special Machining Co., Inc.
- Address
- 1504 Sixth Street
- City
- Beloit
- State
- Wisconsin
- ZIP Code
- 53511-4259
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (332710)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 29
- Estimated Revenue
- $7.1M
- Rural/Urban
- Urban
- Congressional District
- WI-01
Loan Use Breakdown
- Payroll
- $447,000
- Debt Interest
- $23,000
Lender Information
- Servicing Lender
- First Mid Bank & Trust, National Association
- Originating Lender
- First Mid Bank and Trust National Association
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