Chicago Magnesium Casting Company

$1,885,027 PPP Loan in Blue Island, Illinois

Loan Details

Loan Number
2232708400
Date Approved
Feb 3, 2021
Loan Status
Paid in Full
Initial Approval
$1,885,027
Current Approval
$1,885,027
Forgiveness Amount
$1,895,656
Forgiveness Date
Aug 31, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Chicago Magnesium Casting Company
Address
14101 Seeley Ave
ZIP Code
60406-3779
Business Type
Corporation
Industry (NAICS)
Manufacturing (331529)
Business Age
Existing or more than 2 years old
Jobs Reported
97
Estimated Revenue
$25.4M
Rural/Urban
Urban
Congressional District
IL-01

Loan Use Breakdown

Payroll
$1,885,024
Utilities
$1

Lender Information

Servicing Lender
Busey Bank
Originating Lender
Busey Bank

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