Anchor Abrasives Co.

$698,648 PPP Loan in Tinley Park, Illinois

Loan Details

Loan Number
2331047108
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$698,648
Current Approval
$698,648
Forgiveness Amount
$702,451
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Anchor Abrasives Co.
Address
7651 185th St
ZIP Code
60477-6267
Business Type
Corporation
Industry (NAICS)
Manufacturing (327910)
Business Age
New Business or 2 years or less
Jobs Reported
45
Estimated Revenue
$44.6M
Rural/Urban
Urban
Congressional District
IL-01

Loan Use Breakdown

Payroll
$698,648

Lender Information

Servicing Lender
Old National Bank
Originating Lender
First Midwest Bank, a Division of Old National Bank

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