Lakeview Precision Machining
$224,100 PPP Loan in South Elgin, Illinois
Loan Details
- Loan Number
- 2280067102
- Date Approved
- Apr 10, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $224,100
- Current Approval
- $224,100
- Forgiveness Amount
- $226,565
- Forgiveness Date
- May 18, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Lakeview Precision Machining
- Address
- 751 Schneider Dr
- City
- South Elgin
- State
- Illinois
- ZIP Code
- 60177-1161
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (332710)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 24
- Estimated Revenue
- $5.9M
- Rural/Urban
- Urban
- Congressional District
- IL-08
Loan Use Breakdown
- Payroll
- $196,400
- Rent
- $21,000
- Utilities
- $6,700
Lender Information
- Servicing Lender
- Itasca Bank & Trust Co.
- Originating Lender
- Itasca Bank & Trust Co.
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