Ford Tool & Machining, LLC
$428,000 PPP Loan in Loves Park, Illinois
Loan Details
- Loan Number
- 1638517107
- Date Approved
- Apr 10, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $428,000
- Current Approval
- $428,000
- Forgiveness Amount
- $431,519
- Forgiveness Date
- Feb 11, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Ford Tool & Machining, LLC
- Address
- 2205 Range Rd
- City
- Loves Park
- State
- Illinois
- ZIP Code
- 61111-2724
- Business Type
- Corporation
- Industry (NAICS)
- Manufacturing (332710)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 41
- Estimated Revenue
- $10.0M
- Rural/Urban
- Urban
- Congressional District
- IL-16
Loan Use Breakdown
- Payroll
- $409,866
- Rent
- $6,878
- Utilities
- $11,256
Lender Information
- Servicing Lender
- First Mid Bank & Trust, National Association
- Originating Lender
- First Mid Bank and Trust National Association
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