Meador Industries, Incorporated

$68,397 PPP Loan in Franklin Park, Illinois

Loan Details

Loan Number
1581827703
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$68,397
Current Approval
$58,397
Forgiveness Amount
$58,925
Forgiveness Date
Mar 30, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Meador Industries, Incorporated
Address
10031 Franklin Ave
ZIP Code
60131
Business Type
Corporation
Industry (NAICS)
Manufacturing (332721)
Business Age
Existing or more than 2 years old
Jobs Reported
9
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-03

Loan Use Breakdown

Payroll
$24,897
Rent
$10,650
Utilities
$7,261
Health Care
$13,792
Debt Interest
$1,797

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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