Reliance Tool & Mfg. Co.

$297,362 PPP Loan in Elgin, Illinois

Loan Details

Loan Number
1912907208
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$297,362
Current Approval
$270,200
Forgiveness Amount
$272,181
Forgiveness Date
Jan 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Reliance Tool & Mfg. Co.
Address
900 N. State St Suite 101
City
Elgin
ZIP Code
60123-2106
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (333517)
Business Age
Existing or more than 2 years old
Jobs Reported
22
Estimated Revenue
$5.8M
Rural/Urban
Urban
Congressional District
IL-08

Loan Use Breakdown

Payroll
$270,200

Lender Information

Servicing Lender
Byline Bank
Originating Lender
Byline Bank

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