Sherman Mechanical Inc.

$2,000,000 PPP Loan in Cary, Illinois

Loan Details

Loan Number
1705348308
Date Approved
Jan 19, 2021
Loan Status
Paid in Full
Initial Approval
$2,000,000
Current Approval
$2,000,000
Forgiveness Amount
$2,013,778
Forgiveness Date
Sep 27, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Sherman Mechanical Inc.
Address
1075 Alexander Ct
City
Cary
ZIP Code
60013-1891
Business Type
Corporation
Industry (NAICS)
Manufacturing (333415)
Business Age
Existing or more than 2 years old
Jobs Reported
118
Estimated Revenue
$30.9M
Rural/Urban
Urban
Congressional District
IL-09

Loan Use Breakdown

Payroll
$1,999,998
Utilities
$1

Lender Information

Servicing Lender
Home State Bank, National Association
Originating Lender
Home State Bank, National Association

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