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I.l. Machine Company INC

$300,000 PPP Loan in Wheeling, Illinois

Loan Details

Loan Number
2073868306
Date Approved
Jan 20, 2021
Loan Status
Paid in Full
Initial Approval
$300,000
Current Approval
$300,000
Forgiveness Amount
$302,867
Forgiveness Date
Jan 12, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
I.l. Machine Company INC
Address
421 Harvester Ct
City
Wheeling
State
Illinois
ZIP Code
60090-4734
Business Type
Corporation
Industry (NAICS)
Manufacturing (332322)
Business Age
Existing or more than 2 years old
Jobs Reported
20
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-10

Loan Use Breakdown

Payroll
$299,998
Utilities
$1

Lender Information

Servicing Lender
Byline Bank
Originating Lender
Byline Bank

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