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Milco Precision Machining INC

$366,600 PPP Loan in Addison, Illinois

Loan Details

Loan Number
1677137201
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$366,600
Current Approval
$366,600
Forgiveness Amount
$370,877
Forgiveness Date
Jun 17, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Milco Precision Machining INC
Address
730 Annoreno Drive
City
Addison
State
Illinois
ZIP Code
60101
Business Type
Corporation
Industry (NAICS)
Manufacturing (332999)
Business Age
Existing or more than 2 years old
Jobs Reported
26
Estimated Revenue
$6.4M
Rural/Urban
Urban
Congressional District
IL-08

Loan Use Breakdown

Payroll
$274,950
Rent
$45,825
Utilities
$45,825

Lender Information

Servicing Lender
Northbrook Bank & Trust Company, National Association
Originating Lender
Northbrook Bank & Trust Company, National Association

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