Magnetec Inspection Inc.
$301,250 PPP Loan in Bradley, Illinois
Loan Details
- Loan Number
- 1602827104
- Date Approved
- Apr 10, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $301,250
- Current Approval
- $301,250
- Forgiveness Amount
- $305,443
- Forgiveness Date
- Sep 8, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Magnetec Inspection Inc.
- Address
- 1159 E. North Street
- City
- Bradley
- State
- Illinois
- ZIP Code
- 60915-1210
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Professional, Scientific, and Technical Services (541990)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 24
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- IL-01
Loan Use Breakdown
- Payroll
- $301,250
Lender Information
- Servicing Lender
- Peoples Bank of Kankakee County
- Originating Lender
- Peoples Bank of Kankakee County
Other PPP Loans in Bradley, IL
| Business | Approved | |
|---|---|---|
| Peddinghaus Corporation | $4,287,738 | |
| Monical Pizza Corporation | $4,000,000 | |
| Kankakee Training Ctr for the | $1,092,100 | |
| Kankakee County Training Center | $958,880 | |
| Arctic Snow and Ice Control Products, Inc. | $660,090 |
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