Thornton Industries, Inc.

$236,387 PPP Loan in Morris, Illinois

Loan Details

Loan Number
2379667203
Date Approved
Apr 16, 2020
Loan Status
Paid in Full
Initial Approval
$236,387
Current Approval
$236,387
Forgiveness Amount
$238,142
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Thornton Industries, Inc.
Address
2000 Ashley Road
City
Morris
ZIP Code
60450
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (339999)
Business Age
Existing or more than 2 years old
Jobs Reported
35
Estimated Revenue
$9.8M
Rural/Urban
Urban
Congressional District
IL-16

Loan Use Breakdown

Payroll
$230,000
Utilities
$6,387

Lender Information

Servicing Lender
Midland States Bank
Originating Lender
Midland States Bank

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