Engineered Abrasives Inc.
$505,880 PPP Loan in Alsip, Illinois
Loan Details
- Loan Number
- 1928218301
- Date Approved
- Jan 20, 2021
- Loan Status
- Paid in Full
- Initial Approval
- $505,880
- Current Approval
- $505,880
- Forgiveness Amount
- $511,388
- Forgiveness Date
- Feb 17, 2022
- Term
- 60 months
- Draw
- Second Draw
Business Information
- Business Name
- Engineered Abrasives Inc.
- Address
- 11631 S Austin Ave
- City
- Alsip
- State
- Illinois
- ZIP Code
- 60803-6001
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (333999)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 43
- Estimated Revenue
- $11.3M
- Rural/Urban
- Urban
- Congressional District
- IL-06
Loan Use Breakdown
- Payroll
- $505,877
- Utilities
- $1
Lender Information
- Servicing Lender
- Old National Bank
- Originating Lender
- First Midwest Bank, a Division of Old National Bank
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|---|---|---|
| Amber Mechanical Contractors, Inc. | $3,487,122 | |
| Sertoma Centre, Inc. | $2,773,948 | |
| Hayes Beer Distributing Company | $2,683,440 | |
| Ashburn Power & Light, Inc. | $2,632,500 | |
| Accord Carton Co. | $2,490,930 |
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