Maac Machinery Co., Inc.
$500,000 PPP Loan in Carol Stream, Illinois
Loan Details
- Loan Number
- 1916667706
- Date Approved
- May 1, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $500,000
- Current Approval
- $500,000
- Forgiveness Amount
- $503,580
- Forgiveness Date
- Jan 20, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Maac Machinery Co., Inc.
- Address
- 590 Tower Blvd
- City
- Carol Stream
- State
- Illinois
- ZIP Code
- 60188
- Business Type
- Corporation
- Industry (NAICS)
- Manufacturing (333249)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 32
- Estimated Revenue
- $8.4M
- Rural/Urban
- Urban
- Congressional District
- IL-08
Loan Use Breakdown
- Payroll
- $421,000
- Rent
- $42,000
- Utilities
- $15,000
- Health Care
- $22,000
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
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