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National Machine Repair INC

$225,000 PPP Loan in Crete, Illinois

Loan Details

Loan Number
1628457207
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$225,000
Current Approval
$225,000
Forgiveness Amount
$226,925
Forgiveness Date
Feb 24, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
National Machine Repair INC
Address
115 W Burville Rd
City
Crete
State
Illinois
ZIP Code
60417-3342
Business Type
Corporation
Industry (NAICS)
Manufacturing (334519)
Business Age
Existing or more than 2 years old
Jobs Reported
12
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-02

Loan Use Breakdown

Payroll
$168,750
Utilities
$56,250

Lender Information

Servicing Lender
Old Plank Trail Community Bank, National Association
Originating Lender
Old Plank Trail Community Bank, National Association

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