Adams Magnetic Products Co
$892,042 PPP Loan in Elmhurst, Illinois
Loan Details
- Loan Number
- 1598727105
- Date Approved
- Apr 10, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $892,042
- Current Approval
- $892,042
- Forgiveness Amount
- $902,411
- Forgiveness Date
- Jun 14, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Adams Magnetic Products Co
- Address
- 888 N Larch Avenue 0.0
- City
- Elmhurst
- State
- Illinois
- ZIP Code
- 60126-1141
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (327110)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 58
- Estimated Revenue
- $57.5M
- Rural/Urban
- Urban
- Congressional District
- IL-06
Loan Use Breakdown
- Payroll
- $718,980
- Rent
- $94,829
- Health Care
- $78,233
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
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