Herrmann Ultrasonics, Inc.

$887,010 PPP Loan in Bartlett, Illinois

Loan Details

Loan Number
1900757105
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$887,010
Current Approval
$887,010
Forgiveness Amount
$893,441
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Herrmann Ultrasonics, Inc.
Address
1261 Hardt Cir
ZIP Code
60103-1690
Business Type
Corporation
Industry (NAICS)
Manufacturing (333992)
Business Age
Existing or more than 2 years old
Jobs Reported
59
Estimated Revenue
$15.4M
Rural/Urban
Urban
Congressional District
IL-03

Loan Use Breakdown

Payroll
$665,258
Utilities
$221,753

Lender Information

Servicing Lender
St. Charles Bank & Trust Company, National Association
Originating Lender
St. Charles Bank & Trust Company, National Association

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