Simplomatic Manufacturing Co

$192,968 PPP Loan in Elgin, Illinois

Loan Details

Loan Number
2082468306
Date Approved
Jan 20, 2021
Loan Status
Paid in Full
Initial Approval
$192,968
Current Approval
$192,968
Forgiveness Amount
$194,661
Forgiveness Date
Dec 14, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Simplomatic Manufacturing Co
Address
1616 Berkley St
City
Elgin
ZIP Code
60123-7083
Business Type
Sole Proprietorship
Industry (NAICS)
Manufacturing (332119)
Business Age
Existing or more than 2 years old
Jobs Reported
17
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-08

Loan Use Breakdown

Payroll
$192,965
Utilities
$1

Lender Information

Servicing Lender
Fifth Third Bank
Originating Lender
Fifth Third Bank

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