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Elcon, Inc.

$813,220 PPP Loan in Minooka, Illinois

Loan Details

Loan Number
1797147710
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$813,220
Current Approval
$813,220
Forgiveness Amount
$825,838
Forgiveness Date
Nov 23, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Elcon, Inc.
Address
600 Twin Rail Dr
City
Minooka
State
Illinois
ZIP Code
60447
Business Type
Corporation
Industry (NAICS)
Manufacturing (335314)
Business Age
Existing or more than 2 years old
Jobs Reported
45
Estimated Revenue
$11.8M
Rural/Urban
Urban
Congressional District
IL-16

Loan Use Breakdown

Payroll
$713,884
Rent
$30,000
Utilities
$1,250
Health Care
$68,086

Lender Information

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

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