Newmedical Technology INC

$372,115 PPP Loan in Northbrook, Illinois

Loan Details

Loan Number
1774787700
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$372,115
Current Approval
$372,115
Forgiveness Amount
$376,775
Forgiveness Date
Aug 5, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Newmedical Technology INC
Address
310 Era Dr
ZIP Code
60062
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (339113)
Business Age
Existing or more than 2 years old
Jobs Reported
30
Estimated Revenue
$8.4M
Rural/Urban
Urban
Congressional District
IL-10

Loan Use Breakdown

Payroll
$350,115
Rent
$10,000
Utilities
$2,000
Health Care
$10,000

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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