Cup Pac Packaging, Inc.

$190,000 PPP Loan in South Beloit, Illinois

Loan Details

Loan Number
2298437409
Date Approved
May 5, 2020
Loan Status
Paid in Full
Initial Approval
$190,000
Current Approval
$190,000
Forgiveness Amount
$191,573
Forgiveness Date
Mar 3, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Cup Pac Packaging, Inc.
Address
777 Progressive Lane
ZIP Code
61080-2616
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (325412)
Business Age
Existing or more than 2 years old
Jobs Reported
19
Estimated Revenue
$18.8M
Rural/Urban
Urban
Congressional District
IL-16

Loan Use Breakdown

Payroll
$152,600
Utilities
$20,500
Mortgage Interest
$16,900

Lender Information

Servicing Lender
First Mid Bank & Trust, National Association
Originating Lender
First Mid Bank and Trust National Association

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